Lifestyle Lease car scheme from Maxxia
Our salary sacrifice car scheme, Lifestyle Lease, could allow your employees to benefit from attractive savings on a new car. Helping to improve employee motivation and retention, as well as your green credentials, you can be sure to improve employee satisfaction and reap the benefits for your company.
Did you know?
36% of staff say that their benefits were the reason they stayed with a company.
Mercer: What’s Working Survey
Employees consider a company car to be in the top three of benefits to receive from their employer.
Work:Life UK Survey
With little administration for your company our innovative Lifestyle Lease salary sacrifice cars scheme offers the following benefits for your company and employees.
- Scheme is designed to hold employer at no risk
- Lifestyle Lease has the potential to deliver tax savings to your business
- Reduces grey fleet and associated health and safety issues
- Significant enhancement of the reward package
- Encourages employees to drive cars with lower CO2 emissions – improving your green credentials
- Positive recruitment and retention tool
Benefits for employees
- Significant savings when compared to leasing and insuring a car privately
- Hassle free as all costs, including insurance and maintenance are covered in one payment
- Tax efficient with lower tax and National Insurance contributions
- No residual value risk
- Access to your employers purchasing terms on new cars
- If replacing an owned vehicle, employees can keep the sale proceeds from the existing vehicle
- Fully portable and can be taken to a new employer
Contact us now to learn more about Lifestyle Lease and how your organisation could benefit.