Ultra-low emission vehicles Employee and environmental benefits:
- Lower cost of new car ownership
- Predictable and low running costs
- Possible benefit from a cash injection if existing car is sold
- Salary sacrifice schemes reduces National Insurance contributions
- Benefit from help to get a charge point for your home with a 90% government grant
- Dramatic reduction in fuel spend if electric or hybrid vehicles are chosen
- Maintenance and breakdown cover can be included for a competitive monthly fee
- There is no Congestion Charge
- There is no Road fund license
- Huge CO2 reduction over petrol/diesel
- Improvement to local air quality with zero NOx and particulate emissions
- Reduced carbon footprint
Mike continued;
“Salary Sacrifice is very different to an Employee Car ownership scheme; the ownership title does not pass to the employee so it remains classified as a company car from a Benefit In Kind point of view.
“With newer and fuel-efficient vehicles, businesses improve their own and also their employees’ environmental credentials – the way our scheme is designed, they can also can decide how the cost savings are shared.”
