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This scheme gives your employees access to brand new vehicles at discounted rates. A single fixed monthly payment covers all vehicle related costs (except fuel). It is a highly cost-effective method of funding as the payment is deducted from the employee’s salary before they pay tax or national insurance.
The benefits to you:
- Keep your employees happy by providing this high value and desirable benefit
- Generate cost savings for your business through reduced National Insurance contributions
- It’s a good way of moving your grey fleet drivers into modern, efficient and safe vehicles helping you to meet your Duty of Care obligations