• Personal Contract Purchase and Personal Contract Hire Fuels Growth in the UK Car Leasing Market
    Personal Car Finance Increases Personal Car Finance Increases

    Personal Car Finance Increases

Personal Car Finance Increases

Personal Contract Purchase and Personal Contract Hire Fuels Growth in the UK Car Leasing Market

More new car buyers are alive to the benefits of personal leasing, according to the latest quarterly survey carried out by the British Vehicle Rental and Leasing Association (BVRLA).

Total car leasing, including leasing of all types, grew by 8% year-on-year in the second quarter of this year, and much of this growth has been driven by the personal contract hire and leasing (PCH) sector. The BVRLA …

  • salary sacrifice car benefit
    Benefits of Salary Sacrifice Car Schemes Benefits of Salary Sacrifice Car Schemes

    Benefits of Salary Sacrifice Car Schemes

Benefits of Salary Sacrifice Car Schemes

Explained: The Benefits of Salary Sacrifice Car Schemes for Individuals
We help you decide whether a salary sacrifice car is right for you

 

Q. My company has introduced a salary sacrifice car scheme for employees but I’m unsure how it works. Can you help?

A. Salary sacrifice car schemes have been one of the success stories of recent times, and increasing numbers of companies throughout the UK now offer their employees the benefit of a brand new car in return for surrendering a …

  • HRMC rules salary sacrifice
    HMRC Updates its Guidance for Salary Sacrifice Schemes HMRC Updates its Guidance for Salary Sacrifice Schemes

    HMRC Updates its Guidance for Salary Sacrifice Schemes

HMRC Updates its Guidance for Salary Sacrifice Schemes

HMRC Updates its Guidance for Salary Sacrifice Schemes
Her Majesty’s Revenue & Customs (HMRC) has updated its guidance on the government website regarding the introduction of salary sacrifice schemes, following the changes which came into effect in April this year.

The government announced in last November’s Autumn Statement that it was changing the rules covering salary sacrifice schemes, which have become increasingly popular in recent years.

Why were there changes to salary sacrifice schemes?

Salary sacrifice schemes had led to some employees paying less …

  • car contract hire
    Contract Hire Explained Contract Hire Explained

    Contract Hire Explained

Contract Hire Explained

Contract Hire Explained – A Guide To The UK’s Most Popular Vehicle Funding Method

There has been a definite shift towards the contract hire of company vehicles since the last recession, not least because it provides known, easily budgeted costs with no hidden surprises. But what is contract hire exactly and how does it work?

What is contract hire?

It’s the most popular type of vehicle leasing in the UK, and allows the end user or lessee to hire a car for a …

  • sale and leaseback
    Vehicle Funding Guide Vehicle Funding Guide

    Vehicle Funding Guide

Vehicle Funding Guide

Vehicle Funding – What are the Options?
Introduction

In the UK, the majority of business vehicles are sourced using contract hire, although other vehicle funding options are available and may be more suitable to your organisation.

This vehicle funding guide has been created to help you understand the differences between funding options and think about what might suit you/your business the most.

Here we review some of the options:

Contract hire
Finance lease
Sale and leaseback
Contract purchase
Hire or lease purchase
Outright purchase

 

At Maxxia, we offer a wide …

  • leasing can help schools
    An Introduction to Leasing for Education An Introduction to Leasing for Education

    An Introduction to Leasing for Education

An Introduction to Leasing for Education

Why Choose Leasing? An Introduction to Leasing for Education

Leasing is a straightforward and economical solution for many challenges currently taking place within the education sector.

However, past news stories depict negative leasing tales where schools and consortia have had their fingers burnt by confusing contracts and below par practices.

This guide includes:

Why leasing is relevant for the education sector
The top 10 questions asked about leasing
Your leasing journey: from beginning to end
Conclusion
Contact a Maxxia funding specialist

 

Leasing has changed – use a reputable provider …

  • wesc lifestyle lease
    WESC Foundation Launches Lifestyle Lease WESC Foundation Launches Lifestyle Lease

    WESC Foundation Launches Lifestyle Lease

WESC Foundation Launches Lifestyle Lease

WESC Foundation choses Maxxia’s Enhanced Lifestyle Lease Employee Benefit Car Scheme
The WESC Foundation has selected Maxxia’s Lifestyle Lease car scheme to broaden the number of employee benefits available to its staff

The Foundation employs more than 200 people and provides a range of services for visually impaired adults and young people, including: education, outreach services, adult day services, work experience at a range of social enterprise initiatives, and lots more.

Lifestyle Lease offers an innovative and unique solution for companies looking to …

  • personal car leasing
    Personal Car Leasing Options – What’s Best For You? Personal Car Leasing Options – What’s Best For You?

    Personal Car Leasing Options – What’s Best For You?

Personal Car Leasing Options – What’s Best For You?

Personal Car Leasing Options – What’s Best For You?

More and more new car buyers are waking up to the benefits of personal car leasing to acquire a brand new car rather than buying one outright with their own savings.

There are a number of personal leasing options available in the car finance arena, the two most common being personal contract purchase (PCP) and personal contract hire (PCH), each with their own features and benefits.

Types of buyers trying some form of personal …

  • cyber attack it security
    Global cyber-attack reinforces need for IT security Global cyber-attack reinforces need for IT security

    Global cyber-attack reinforces need for IT security

Global cyber-attack reinforces need for IT security

Organisations need to invest in latest IT systems to stay safe and secure

A cyber-attack using WannaCry ransomware, which hit organisations in 150 countries around the world including the National Health Service in the UK, reinforces the need to keep computer hardware and software as up to date as possible.

Software giant, Microsoft, said the attack should be treated by governments around the world as a “wake-up call”, and blamed them for storing data on software vulnerabilities which could then be accessed by …