Survey report: Company car benefits 2012/13

Employee benefits used to be seen as an optional extra including gym memberships, cycle-to-work schemes or discounts at the occasional retailer but expectations from today’s workforce have shifted.

Tusker has successfully implemented an electric vehicle (EV) scheme for recruitment giant Reed, enhancing the company’s employee benefits offering while also supporting its carbon reduction goals.

Nearly a third of workers would accept lower pay to avoid the hassle of commuting to work.

By teaming up with Tusker, wealth manager St James’s Place has set up a comprehensive offer that champions the financial wellbeing of employees through salary sacrifice.

New measures regarding Employee Car Ownership Schemes seek to bring the arrangements into the taxable benefit in kind net. Caroline Harwood, Partner, National Head of Employment Tax at BDO LLP, outlines what employers need to know.

Sustainability goals drive employer adoption of salary sacrifice car schemes, Tusker reports