More and more small businesses are turning to business car leasing to fund their new business cars. It’s a simple way to acquire a new car on a regular basis without having to find a huge chunk of capital. So what are the benefits of a business car lease? And what are the drawbacks? You’ll find all the information here.
Alphabet launches digital Salary Sacrifice offering to help drive EV charge
Alphabet’s new digital Salary Sacrifice offering is designed to appeal to both businesses and employees; businesses have the potential to save on car allowances and Class 1A NI, while their employees can ‘sacrifice’ a fixed amount of their pre-tax salary each month in exchange for a brand-new company car. Employees, particularly those who have previously taken cash allowances, can enjoy the freedom from ownership costs a company car brings as well as the opportunity to benefit from reduced tax rates, especially when it comes to electric and lower emission vehicles.
