Terms and Conditions

Each dealership earns commission on a monthly basis, based on policies sold by Commercial Vehicle Direct as a result of the leads introduced by the dealer.

Commission will be paid in capital bonds to the main contact we hold on our records, at the beginning of the following month in which the commission was earned.

The recipients of Capital Bonds via the CVD scheme are subject to UK Income Tax. Please note any person attracting Income Tax at the higher rate should report the full benefit details to the Inland Revenue.

Capital Incentives & Motivation Ltd reserves the right to change the Capital Bond retailer list at any time. CVD cannot be held responsible for the loss of Capital Bonds once they have been awarded to the individual. CVD reserve the right to amend or withdraw the programme at its discretion without prior notice.

In all matters arising from the programme, the decision of CVD is final.