SALARY SACRIFICE What Is Salary Sacrifice Car Leasing? Salary sacrifice car schemes offer a cost-effective way for employees to access a brand-new, zero-emission vehicle, while providing tax-efficient benefits. Employees agree to give up a portion of their gross salary in exchange for a leased car, and the payments are deducted before tax, leading to lower…

Salary Sacrifice for Employers: What You Need to Know What is Salary Sacrifice? Salary sacrifice is a formal agreement where an employee gives up part of their gross salary in exchange for a non-cash benefit—typically a leased electric vehicle. The arrangement must be documented in the employment contract, with consent, and cannot bring salary below…

Salary Sacrifice for Employees: A Smarter Way to Drive No deposit. No credit check. Big savings.Salary sacrifice gives you access to a brand-new electric car through your gross salary—offering a tax-efficient, hassle-free way to drive. How It Works Through a scheme set up by your employer, you agree to exchange a portion of your gross…

The UK Government has unveiled a revised Zero Emission Vehicle (ZEV) mandate, confirming that hybrid cars and vans will continue to be sold until 2035 and offering new flexibilities for manufacturers. The update follows a Department for Transport (DfT) consultation that closed in February 2025 and is aimed at balancing decarbonisation goals with industry needs.…

The Driver & Vehicle Licensing Agency (DVLA) has launched a new service that allows motorists to share their driving licence details quickly and securely using a QR code. Drivers with a Driver and Vehicles account can now generate a QR code and instantly share their licence details with third parties such as car hire and…

Fair Wear & Tear Guide Under the terms of your agreement, your vehicle must be returned in a condition that meets the ‘fair wear and tear’ guidelines. ‘Fair wear and tear’ refers to the natural deterioration of your lease vehicle that happens through regular use over the course of the contract. This covers areas such…

HMRC Confirms Tax Status for Reallocated Pick-Up Trucks Fleet operators can breathe a sigh of relief as HMRC has clarified the tax treatment of reallocated double cab pick-up trucks under new rules set to take effect on April 6, 2025 Transitional Tax Rules for Pick-Up Trucks The Government announced in the Autumn Budget that from…

Vehicle funding options The type of funding you choose can make a significant difference to your overall costs, your risk and flexibility. Therefore it is crucial to understand everything properly, before making your decision. Factors to consider: Why More Businesses Are Choosing Leasing Leasing is becoming a popular choice for smaller businesses looking to fund…

Business Hire Purchase (HP): Own Your Vehicles with Fixed Monthly Payments Business Hire Purchase (HP) is a straightforward way for businesses to purchase vehicles while spreading the cost over a fixed period. Unlike leasing, you own the vehicle at the end of the agreement, making it ideal for companies that want long-term assets without a…

Finance Lease: Flexible Vehicle Funding for Businesses Finance Lease is a tax-efficient and flexible way for businesses to fund vehicles without the need for large upfront payments. Unlike traditional leasing, Finance Lease gives you the opportunity to benefit from the vehicle’s residual value while keeping it off your balance sheet. At the end of the…