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Car Salary Sacrifice

Justdrive Salary Sacrifice...
a True Benefit For All

With economic and demographic factors fuelling the war for talent, employee retention has become a top HR priority. Employers are keen to offer additional benefits to their employees and car salary sacrifice schemes are a tax efficient way for organisations to offer all their employees a brand new, fully insured and maintained car at a cost lower than they could achieve in the retail market.

Overview:

Inchcape Fleet Solutions car salary sacrifice, also known as Inchcape Fleet Solutions Justdrive, allows your employees to trade an element of their salary in exchange for a brand new car, with all of the usual benefits associated with a company vehicle.

Inchcape Fleet Solutions Justdrive is beneficial due to the cost of the car being deducted from the employee’s gross salary, resulting in Tax and National Insurance (NI) savings.

The employee also takes advantage of manufacturer discounts that provide further savings compared to sourcing a fully maintained and insured vehicle themselves.

The scheme works best for cars with low COemissions, as they attract the lowest Benefit-in-Kind taxation charges.

What Are The Benefits?

To the Employer:

  • Enhance your existing benefits package - Recruit, Retain and Reward
  • Minimal risk and administration for your company
  • Early Termination and Gap Insurance options
  • Instrumental in meeting Duty of Care obligations
  • Encourages environmentally friendly vehicle selection, reducing your carbon footprint

To the Employee:

  • No unexpected costs - the monthly sacrifice is fixed for the length of the contract
  • No credit check is required
  • No deposit is required
  • Fully comprehensive Motor Insurance for private and business use
  • Full UK roadside assistance and breakdown recovery
  • Road Fund Licence (Tax) included for the duration
  • Fully inclusive maintenance package, including breakdown and recovery, and accident management
  • The opportunity to drive a cost effective, environmentally friendly car
  • National Insurance and Income Tax savings

Request Information

This website and enquiry form is for business users only.

bid request  Tel: 0333 222 0966