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More Compliance Checks For Car Dealers
- November 5, 2019
- Posted by: John Swift
- Category: Automotive Industry
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Used car dealers face more compliance checks and red tape from next month and amid warnings that the HMRC could be looking at their tax records and the FCA introduces a new certification regime. Accountancy firm EHY says that the Inland Revenue is focusing on the car trade and VAT and PAYE compliance among retailers.
Dealers Have Three Months To Respond To FCA Plan
- October 15, 2019
- Posted by: John Swift
- Category: Automotive Industry
Dealers have been given three months by the Financial Conduct Authority to make their views known on a planned overhaul of how interest rates on car finance are set and how they earn their commission on them. Discretionary commission where the dealer negotiates a higher interest rate to the customer than the one set by
FCA Crackdown Highlights Need For Robust DMS Regime
- October 7, 2019
- Posted by: John Swift
- Category: Automotive Industry
Retailers failing to meet their liabilities to the Financial Conduct Authority have nowhere to hide as it has published Final Notices withdrawing licences to handle client’s money and deal with credit at the rate of more than one a day so far this month alone. The FCA has published its decisions on almost a dozen
ClickDMS Provides Comprehensive FCA Gabriel and VAT Reports To Save You Time
- August 28, 2019
- Posted by: Josh Locke
- Category: Automotive Industry, News, Products
Here at Click Dealer, we understand that writing reports and bookkeeping can be incredibly time-consuming. If you’re a small business, this probably means you’re missing out on time that you could be using to run your dealership more effectively. As a performance partner to over 1,400 independent dealers, we developed our DMS system to help
FCA Probe Into Motor Trade Finance Models Not Over Yet
- August 27, 2019
- Posted by: John Swift
- Category: Automotive Industry
Dealers who provide finance for buyers are being reminded that the Financial Conduct Authority hasn’t turned its back on the motor trade. Every business in the used car sector needs to realise that it could be mystery shopped at any time and should be able to prove that its systems are robust, accurate and legal.
Dealer’s Who Use The FCA Gabriel System Should Be Prepared For An Update
- July 24, 2019
- Posted by: John Swift
- Category: Automotive Industry
Car dealers are being asked for their views on a new system that the Financial Conduct Authority (FCA) aims to introduce. The system will make it easier for the user to upload data and the authority to spot and intervene sooner on any issues it flags up. The FCA Gabriel system is its main regulatory
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