Research: Essential Guide to Car Salary Sacrifice Schemes
Leasedrive Velo Group's Guide to Car Salary Sacrifice Schemes provides a comprehensive overview of the different types of car schemes available and the benefits to employee and employer. The guide includes advice on costs, potential tax issues and low emission vehicles.
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.
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.
