How Does A Salary Sacrifice Car Scheme Work?

Salary Sacrifice Cars: How Does It Work? What are the main drivers for implementing a salary sacrifice car scheme at your organisation? And how does a salary sacrifice car scheme work exactly? Read our introduction to salary sacrifice car schemes below and see how it could benefit your business and your employees. How Does A Salary Sacrifice Car Scheme Work? A typical example of how a salary sacrifice car scheme works is very [...]

By |February 16th, 2016|Categories: Salary Sacrifice|0 Comments

Asset finance provides the answer for SME finance

SME finance needs solved by asset finance As the financial crisis recedes into distant memory, asset finance is proving more popular than ever with many companies, particularly as a solution for SME finance for the Small and Medium-sized Enterprises (SMEs) who account for almost half of all UK asset finance. While many SMEs were reluctant to invest in the immediate aftermath of the credit crunch in 2008, and for a number of years afterwards, [...]

By |February 16th, 2016|Categories: Asset Finance|0 Comments

SUV sales are soaring in the UK

The nation’s car buying preferences are changing Traditional car buying habits, which have long inclined towards hatchbacks, saloons and estates, are changing in favour of the latest generation of SUVs (Sports Utility Vehicles). Once, the hatchback was the most popular single type of car bought by the British motor buying public. But, not any more. The rise of the SUV New figures show that the most popular type of car in the UK in [...]

By |February 13th, 2016|Categories: Cars, Vehicle Finance|0 Comments

New lease accounting standard is formally published

IFRS 16 Leases comes into force from January 2019 A new lease accounting standard has been formally published covering the future accounting treatment of leased assets. But trade associations say it is unlikely to erode the benefits of leasing. For the last three or four years, the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have been working on a common standard of accounting for all leased assets, including company [...]