salary sacrifice scheme

Corparison’s salary sacrifice scheme is an enticing non-cash benefit for your employees that will help you recruit, reward and retain employees at no additional cost to your business.

Using the salary sacrifice scheme, your employees ‘sacrifice’ a portion of their gross salary to pay for the net cost of an electric car lease and the small benefit in kind tax payments.

By doing so, they make substantial monthly savings on the income tax and NIC of their remaining gross salary, while your business saves on Class 1 NIC.

All the while, you’re creating a safer and greener business. It’s a win-win for employees and employers.

The Marsh Barton-based leasing broker can support your business in the implementation and management of the scheme, providing communication, step-by-step guides for your payroll teams and be on hand every step of the way for a seamless introduction to salary sacrifice.

Supported by multiple industry-leading funders, Corparison have access to a plethora of in-stock vehicles and can source any make or model to find you the perfect vehicle.

With the potential for your staff to save between 30-50% off the cost of a brand new electric car, salary sacrifice is quickly becoming the ultimate employee perk. To discuss how Corparison can support your business, book a call with Local Business Development Manager and Newton Abbot Chamber of Commerce member Tom Harding (07703124410).