Salary Sacrifice benefits both your employees and your business

 

Employers benefit from minimal costs
With Salary Sacrifice your business will benefit from minimal costs as well as the added benefit of zero risk from early termination fees. You will also be able to claim significant tax relief from electric vehicles.

You'll also have the added assurance that your employees are driving safer and cleaner cars that will reduce your grey fleet risks.

Employees gain access to a brand-new car
Our salary sacrifice scheme allows your employees to slightly reduce their gross salary in return for the use of a non-cash benefit. The employee then gains access to a brand-new car, with all running and maintenance costs included. This is a great option for employees who may not qualify for a company car.

If you're keen to find out more about the benefits of company cars against a salary sacrifice scheme for your employees please contact us today - our award-winning fleet team are here to help.

The perfect time to switch to electric 
For battery-electric cars, benefit-in-kind (BIK) tax has reduced to 0% for the tax year starting April 2020. It will then rise by just 1% for the following 2 years:

0% for 2020/21
1% for 2021/22
2% for 2022/23
2% for 2023/24
2% for 2024/25

Zero-emission vehicles with a list price of less than £50,000 will also be eligible for the Government's plug-in car grant.

 

Salary Sacrifice made easy

With Fleet Alliance, you will gain exclusive access to our Salary Sacrifice Calculators. These have been designed to highlight the potential savings for both employees and employers.  For employees, you'll be able to see potential tax and NIC savings with a salary sacrifice car, along with the net cost versus a comparable PCH deal.

Please contact us for a demo of the calculators.

 

Is Salary Sacrifice right for you?

An ever-increasing number of fleets have decided to opt for salary sacrifice schemes as a direct replacement to the more traditional company car.

However, this wasn't the original intention for salary sacrifice - to act as a direct replacement - and our insight and analysis would point to the fact that these schemes actually work better when running alongside one another.  We have the expertise to help our Clients and Fleet Managers to fully appraise their fleet make-up; looking at eligible employees, staff turnover, and a range of other key factors.

In reality, salary sacrifice schemes do not always mean additional benefits for businesses or their drivers, and may not provide better cost benefits, in comparison to a company car scheme. It's worth having a full fleet appraisal prior to making a decision - speak to us today.

Download Product PDF

Click below to download a PDF copy of the information presented above for your reference.

Download

Other Solutions

More Fleet 360 products and Fleet Solutions to help you better manage your fleet.
Fleet Audit
Fleet Audit

Actionable insight that will help you reduce fleet costs, C02 emissions, and administration whilst improving control of your vehicles and drivers.

View more
Funding
Funding

We work with you to understand your objectives and demonstrate how different funding methods could reduce costs whilst supporting your company’s business ambitions.

View more
eco-Fleet
eco-Fleet

Every vehicle we supply and every decision we make on your behalf, is future-proof, cost-effective, and sustainable. That’s good news for you, your business, and the environment.

View more
Whole Life Cost
Whole Life Cost

A smarter way of selecting vehicles for your fleet which takes into account all the costs associated with running a vehicle, not just the monthly lease payment.

View more
Competitive Tendering
Competitive Tendering

We save you money by ensuring you get the most competitive funding deal from our panel of leading finance providers for every vehicle we provide.

View more
Fleet Support
Fleet Support

Remove the cost and hassle of managing your fleet leaving you and your team free to look after your customers and grow your business.

View more
Licence Check
Licence Check

Businesses are more exposed than ever to risks from the behaviour of their drivers. Our online service reduces that risk by automatically checking your drivers’ licences against DVLA data.

View more
Accident Management
Accident Management

Significantly reduce vehicle off-road days, administration and monitoring, leading to a reduction in fleet costs and minimising disruption.

View more
Fuel Management
Fuel Management

Fuel Management gives your business increased control over the way your drivers buy and use fuel, streamlining the process and reducing the cost of managing your fleet.

View more
Fleet Risk
Fleet Risk

Fleet Risk helps you identify and eliminate the risk factors to which your drivers are exposed, ensuring your fleet is managed effectively and is operating within the law.

View more
Flexi Hire
Flexi Hire

A solution to your short and long term mobility needs with over 1,200 rental points throughout the UK catering for both cars and light commercials.

View more

Download a full Fleet 360 product pack

A convenient overview of all the products and services listed above

Download

Best in class service, technology and people

You might know what good fleet management looks like, but have you seen outstanding?

Ready to make the management of your fleet more efficient?

Request a call back


Or Call Us On: 0345 601 8407
Schedule a call back
  • This field is for validation purposes and should be left unchanged.