Employee Car Ownership Archives

Electric Vehicles as Part of the Employee Benefit Package
Electric Vehicles as Part of the Employee Benefit Package

Electric Vehicles as Part of the Employee Benefit Package

Electric Vehicles: Why They Should be Your Next Employee Benefit Thinking about your next employee benefit? If you’re looking to retain talent, enhance your brand, and help the environment, electric vehicles (EVs) could be the answer. The UK plans to ban the manufacture of all new petrol or diesel cars by 2040, making EVs the future of transport. Under new salary sacrifice rules, you can help prepare your employees for these changes while [...]

By Maxxia|February 12th, 2019|Categories: Cars, Employee Car Ownership, Salary Sacrifice|0 Comments

ECO Schemes To Make A Comeback
ECO Schemes To Make A Comeback

ECO Schemes To Make A Comeback

Employee Car Ownership (ECO) Schemes Could Be About To Make A ComebackBut are they right for you?Changes to the rules affecting salary sacrifice car schemes and a seemingly endless tide of rises in Benefit-in-Kind taxes for company car drivers have prompted some industry experts to suggest that Employee Car Ownership (ECO) schemes may be about to make a resurgence.While some pundits have suggested that the latest Government interventions have made a rise in personal [...]

By Adrian Baldwin|October 25th, 2018|Categories: Cars, Employee Car Ownership, Salary Sacrifice, Vehicle Finance|0 Comments

Why Offer Employee Benefits?
Why Offer Employee Benefits?

Why Offer Employee Benefits?

Advantages And Disadvantages Of Employee Benefit Schemes At one time, people left education, got a job and worked their way up through that company until they reached the level they wanted. It wasn’t unusual for employees to spend their entire working lives with the same employer. This often with minimal, or maybe no specific employee benefits to speak of. Believe it or not, that wasn’t so very long ago. Now, it is extremely rare [...]

By Maxxia|September 24th, 2018|Categories: Cars, Employee Car Ownership, Salary Sacrifice, Vehicle Finance|0 Comments

Company Car Tax Take Goes Up As Number Of Drivers Falls
Company Car Tax Take Goes Up As Number Of Drivers Falls

Company Car Tax Take Goes Up As Number Of Drivers Falls

Company Car Tax Take Goes Up As Number Of Drivers Falls The Government is raising record revenues from the company car market by imposing higher taxes on drivers - at the same time as the number of drivers actually falls. Provisional figures from HMRC for 2016/17, the latest year available, show that the amount the Treasury collected in company car tax and National Insurance Contributions (NICs) increased by more than 24% year-on-year – up [...]

By Catherine Dawson|July 27th, 2018|Categories: Cars, Employee Car Ownership, Vehicle Finance|0 Comments