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Salary Sacrifice Explained

Written by | Posted on 25.08.2015
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An employee car scheme that also benefits the employer.

With Salary Sacrifice, employees can use their salary in exchange for a new car before tax and National Insurance are deducted, giving them 30-45% more spending power.

They also get insurance, servicing, maintenance and breakdown cover as part of the package.

It’s a great deal for them – but the employer gets a lot out of the scheme too. As we explain in our new guide, the benefits include:

  • Tax and National Insurance savings
  • Fewer ‘grey fleet’ risks and worries
  • Reduced carbon footprint

And, of course, happier (and thus more productive) workforce.

Why not give up a little time now to take a look and see how much you could gain?

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