Financial services company Skandia UK’s
multi-badge, user-chooser fleet of 200 cars will in future be
supplied by Alphabet.
Recent tax reforms prompted Skandia to change
acquisition method, from outright purchase to contract purchase,
following a review of its fleet strategy, Alphabet said.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
“Skandia approached us, and a number of other
suppliers, because they wanted to take a fresh look at their fleet
processes in the light of tax changes – especially the reform of
corporation tax,” said Alphabet director, Mark Sinclair.
“We are delighted they chose us following their
review – with our financial effectiveness and commitment to service
being major factors in their decision to award the contract to
Alphabet.”
Sinclair added he expected more companies to follow
Skandia’s lead and realign their fleet strategies to prepare for
pending taxation changes.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
