Car Salary Sacrifice

Salary Sacrifice is a contractual arrangement whereby an employee surrenders the right to receive part of their cash remuneration usually in return for the employer to provide some type of non-cash benefit, in this case a company car.

As the salary sacrificed comes out of gross pay the employee is able to save on Income Tax and National Insurance contributions.

Utilising our robust easy to use IT platform, our scheme is designed to match the specific policy requirements of our clients. Our proposition allows for a fully automated quote, order & authorisation process which also allows employers to offer this benefit with little or no additional administration a key consideration for any scheme.

Our service also comes with a full support package to fully assist clients to understand the tax aspects of the arrangements and obtain tax clearance from HMRC if required.

Car Salary Sacrifice from Fleet Hire is a tax efficient way for a wider employee population to gain access to a company car.

Enquire about product