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Salary Sacrifice

Companies with vehicle fleets are in a unique bubble of time.

For the next 5 years or so, the financial benefits of Salary Sacrifice are very appealing – all thanks to the Government’s hugely attractive benefit in kind (BIK) rates on ultra-low emission and electric vehicles. Effectively, anything under 50gsm/km CO2.

If employees opt to sacrifice a part of their salary and, instead, have a sub 50gsm/km company car, the numbers, for both employee and employer, are particularly strong. This could be the moment businesses have been waiting for to encourage employees into greener vehicles, while saving money. 

  • But how compelling are the financial benefits? 
  • How straightforward is it to set up a Salary Sacrifice scheme for company cars?
  • And, more importantly, is Salary Sacrifice right for your business?

At Grosvenor Leasing, we are the UK’s largest privately-owned contract hire and fleet management specialist.

Totally independent of any banks or vehicle manufacturers, our customers enjoy objective and impartial advice to help them find the fleet funding and management solutions that are best suited to their needs.

Through a 10 – 15 minute consulation, either by phone or conference call, we can quickly help you identify whether Salary Sacrifice is something worth taking a closer look at for your business.

GET IN TOUCH
Call us today on 01536 536 536

By having Interactive Fleet Management managing our fleet is as close as we could get to our very own in-house fleet department. They have an in-depth understanding of our business and the role the fleet plays in it

2 Sisters Food Group

GET IN TOUCH
Call us today on 01536 536 536

News & Media

Grosvenor sees personal leasing soar for cash takers

Companies with vehicle fleets are increasingly offering personal contract hire schemes to support the growing numbers of drivers taking a cash allowance.  As such, they are not only offering...

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Flexibility is key for driving through uncertainty

Being a fleet manager in today’s world involves a lot of head scratching and a serious desire for a crystal ball - whether...

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Grosvenor's magazine has seen huge success and is available to read and download now! With Joanne Brown as guest editor this magazine covers articles focusing on the fleet sector going into 2021, operating a fleet post-Covid and much more. https://t.co/0QQCjjAwTv https://t.co/3d1RuiYEe1