TMC - The Miles Consultancy

TMC are delighted to have been shortlisted for the IT Innovation Award and GreenFleet Award for Industry Innovation. We launched TMC-e in July 2020 to help businesses transition to, and manage, electric vehicles with confidence, based on real-world data about their fleets.  

The service includes identifying which vehicles could be swapped for electric vehicles based on their trip data (using our app to record journeys) as well as the ongoing analysis of electric vehicles once live within their fleets. A key area of TMC-e is the reimbursement of electric vehicle drivers for business mileage.

Cost per business mile should be factored into the initial Whole Life Cost Analysis.  But in reality, many businesses only consider how they will reimburse drivers for business mileage once employees start using electric vehicles.

Our elegant reimbursement tools are really simple for drivers. Below is quick summary of how our flexible solution works:

Drivers record their business mileage on the go with our app, via our online system, or we can take a telematics feed

We audit every business journey We then offer the following reimbursement methods:

• HMRC’s AER (4ppm)
   
• TMC Electric Rate – we have calculated the cost per mile for every EV model on the market.  Rates are calculated and published quarterly
   
• Actual cost reimbursement. Drivers provide details of their energy supplier and tariff.  We can take feeds from any OCCR enabled charge point or drivers can declare their domestic charge activity.  We consolidate the home charging costs with any charging on company premises or public charging and calculate what is owed to the driver
   

We provide a payroll file for the employee to reimburse drivers. Each driver also receives monthly statement.

e-Van Solution: For commercial vehicle drivers with telematics it’s even simpler. They supply details of their energy supplier, tariff and home postcode, we take their telematics feed and overlay their charging events with the longitude and latitude to identify when the vehicle is charged at their home and auto reimburse them.

Drivers can also use our system to claim for public charging.

Alternatively, we offer a charge card that can be used to pay for electricity at 92% of UK public charge points.

We are on a mission to simplify EV mileage reimbursement and help businesses transition smoothly to electric vehicles. Our system is flexible to accommodate whatever method our clients choose to use. Visit our website to find out more.