How can we help CEOs & MDs?
Overview | Why get it? | Highlights | Test the Scheme | Popular Cars | FAQs | Get Started
Why get a salary sacrifice scheme?
Let your employees pay for their new car with their pre tax earnings.
You're fully covered in case an employee leaves unexpectedly or early.
It won’t cost your business anything—no hidden fees or expenses.
Choose from an extensive selection of hybrid and electric cars for your fleet.
How Salary Sacrifice Can Help Your Business
Reduce CO2 emissions and drive a more sustainable future
Boost your ESG rating: Become more attractive to investors
Happy and satisfied staff lead to increased motivation
Make your teams wages go further, let them drive nicer cars, get happier staff, get better productivity.
Increase your company’s share value
All these things add up to improving your share value and keeping your investors happy.
Test the scheme on yourself
A lot of salary sacrifice schemes start with the Directors before opening it up to the rest of your team.
Here is how it usually works…
1.
Choose a car for yourself
Choose from any plug in hybrid or electric car on the UK market.
2.
Go through the ordering process
Find out how it works so you can decide if it will work for your team.
3.
Make any adjustments
Tailor the scheme to your business’ needs based on your experience.
4.
Launch it to your team
Once you’re happy with your trial, allow your team to make the most of it too.
Popular Cars with Company Directors
PORSCHE
TAYCAN
3% BIK
RANGE ROVER
SPORT PHEV
6% BIK
LOTUS
ELETRE
3% BIK
FAQs
Why choose Vehicle Consulting?
This is how we differ from our competitors:
Price
The main one is that our of the cars tend to be priced a lot better than almost all salary sacrifice providers.
Hybrid & Electric Cars
You can get electric AND plug in hybrid cars through us. Most schemes are electric cars only.
We Manage The Whole Scheme For You
We manage the whole scheme for you with a team of experts who actually know about cars. This makes sure the scheme runs smoothly and isn’t a burden for your business.
No “Accelerated Payments”
The monthly payments on our cars are consistent every month unlike some other salary sacrifice providers.
This means payroll can set up the deduction once and leave it.
It also makes it easy for your employees to budget each month.
What happens if an employee leaves?
This protection helps cover the costs associated with ending the lease early, ensuring that your company isn’t burdened with unexpected expenses.
Our goal is to make the scheme as risk-free and beneficial as possible for your business.
Why get salary sacrifice for your business?
Implementing a salary sacrifice scheme can significantly benefit your business by enhancing your employee benefits package, making your company more attractive to top talent.
It can lead to National Insurance savings, improving your bottom line.
Additionally, it promotes environmental responsibility by encouraging the use of electric and hybrid vehicles, aligning your business with sustainable practices and potentially boosting your corporate image.
How much does it cost the business?
This means your company can offer an attractive employee benefit without incurring additional expenses.
It’s a win-win situation, enhancing your benefits package at no extra cost to your business.
How long does it take to set up?
Setting up a car salary sacrifice scheme depends on the size of your business.
For small businesses who are looking for few cars, we can get it set up almost instantly.
For larger businesses we like to take a little bit more time, as we ensure everything is set up correctly from the start.
This careful setup process helps avoid potential headaches down the line and ensures the scheme runs smoothly for both your business and your employees.
This approach guarantees a seamless experience for everyone involved.
What are the cons?
While car salary sacrifice schemes offer many benefits, there are a few potential drawbacks to consider.
Employees’ take-home pay is reduced, which could impact those with lower salaries more significantly.
The biggest worry is usually what happens if an employee leaves.
Our schemes include early termination protection to reduce the risk of early termination fees if an employee leaves the company or the scheme early.
It’s essential to communicate these aspects clearly to ensure everyone understands the full picture.
Is it just electric cars?
Electric vehicles provide the biggest tax and cost benefits, but hybrid cars can still offer substantial savings and are included in the scheme.
This flexibility allows you to choose the best option for your needs while still enjoying the advantages of salary sacrifice.
How do you get started?
To get started, simply book a call with us.
We’ll guide you through the process and explain how the car salary sacrifice scheme can work for your business.
Our team will ensure you understand all the benefits and steps involved, making the setup as smooth and straightforward as possible.
Add salary sacrifice to your business
Book a call with us, to talk through how it can help you hit the KPIs that matter to your investors.
