News
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ArticleAutumn Budget 2024: Government to close loopholes around car ownership schemes
Autumn Budget 2024: The government has announced plans to close loopholes in company car tax rules by ending contrived car ownership schemes. In the Autumn Budget 2024, Rachel Reeves, Chancellor of the Exchequer, laid out plans to publish draft legislation around loopholes in car ownership ...
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ArticleNovus Health introduces electric car salary sacrifice arrangement
Source: Shutterstock Independent healthcare provider Novus Health has introduced an electric vehicle salary sacrifice benefit in order to extend its employee benefits package. The scheme, which is provided by Fleet Alliance, is available for 35 eligible employees who can choose from a wide range of cars. Novus ...
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ArticleExclusive: 62% of staff incentivised by benefits through salary sacrifice scheme
Almost two-thirds (62%) of employees who plan to get an electric vehicle (EV) as their next car said a key incentive is the benefits available through a salary sacrifice scheme, according to new research by Tusker. The salary sacrifice car provider surveyed 5,942 UK employees for its ...
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ArticleThe top 10 most read articles between 12 - 18 July 2024
The top 10 most read articles between 12 - 18 July 2024 on employeebenefits.co.uk were: BT Group to roll out new family leave policyKing’s Speech introduces mandatory ethnicity and disability pay reportingEmma Reynolds named pensions ministerKing’s Speech introduces Employment Rights BillUtility Warehouse introduces personalised financial education for employeesGusto Group to ...
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ArticleCompany car schemes increasingly opt for electric vehicles
Credit: muk woothimanop/ShutterstockA third of UK organisations which intend to review their company car programme in the next 12 months plan to introduce more environmentally friendly vehicles into the schemes, according to research by Willis Towers Watson (WTW).Its Company car benefits survey report, which surveyed 1,610 UK organisations across ...
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ArticleXPO Logistics introduces electric vehicle and hybrid salary sacrifice scheme
Logistics solutions provider XPO Logistics has launched an electric vehicle (EV) and hybrid salary sacrifice arrangement for its UK employees.Through the scheme, which is provided by vehicle leasing firm Arval, employees will be able to access competitively priced cars, which saving on income tax and national insurance contributions. Additionally, the ...
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ArticleRoyal Mail Group launches company car salary sacrifice scheme
Royal Mail Group has introduced a company car salary sacrifice scheme for its more than 120,000 employees in order to support its commitment to achieving net-zero emissions by 2040.Through a partnership with Novuna Vehicle Solutions, the group’s employees will have access to new and used low-emission and electric vehicles (EV) ...
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ArticleExclusive: Central Co-op introduces electric vehicle salary sacrifice scheme
Retailer Central Co-op has launched an electric vehicle salary sacrifice scheme as part of its ongoing commitment to sustainability.Through the scheme, which is provided by Octopus Electric Vehicles, Central Co-op's company car drivers and car allowance recipients can select a brand-new electric car with no upfront costs. The scheme also ...
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ArticleLearnd launches electric vehicle salary sacrifice scheme
Learnd has introduced an electric vehicle (EV) salary sacrifice scheme for 200 eligible employees.The scheme, which is provided by fleet management firm Gofor, was rolled out to employees via a webinar. Learnd staff can view a wide choice of EV options to cater for a range of budgets, including the ...
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ArticleTriton Construction implements EV salary sacrifice scheme
West Yorkshire-based building contractor Triton Construction has implemented an electric vehicle (EV) salary sacrifice scheme for its 70 employees.Through a partnership with Carmyke Leasing, an appointed representative of Fleet Alliance, Triton employees will be able to choose a brand new EV with low benefit-in-kind rates, zero emissions, all service, maintenance ...
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ArticleXtrac launches electric vehicle salary sacrifice scheme
Credit: Just Jus / Shutterstock.comXtrac, a supplier of high-performance transmissions for motorsport and high-performance automotive applications, has expanded its range of employee benefits by introducing an electric vehicle salary sacrifice scheme.The Thatcham head-quartered business decided to implement the scheme to encourage its more than 440 permanent part- and full-time UK ...
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ArticleStandard Chartered launches electric and hybrid vehicle salary sacrifice scheme
Credit: MOZCO Mateusz Szymanski / Shutterstock.comBanking organisation Standard Chartered has introduced an electric and plug-in hybrid vehicle salary sacrifice scheme for all of its UK-based employees.Delivered in partnership with Tusker, the scheme provides the bank’s more than 2,500 members of staff with access to plug-in hybrid and electric vehicles that ...
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ArticlePaul Gilshan: Supporting carbon neutral driving
With the environment a core part of many organisations’ objectives, it can be a challenge to ensure that all business practices, including benefits, are maximising their opportunities to reduce carbon footprints.The switch to carbon neutral driving is helping more employers than ever before to remove polluting vehicles from their car ...
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ArticleBeverley Hamblet-Bowes: How do you encourage employees to use green commuting options?
Sustainability is important for us at Nominet; we are committed to reducing the negative impact our business activities may have on the environment and lowering our carbon emissions through our carbon reduction plan to support our net-zero 2050 goal.As part of this, we provide a variety of options for green ...
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ArticleIan Hodson: How do you encourage employees to use green commuting options?
More than ever, being able to demonstrate your values as an organisation is imperative not only to active employees but also to recruitment candidates looking for a match not only in respect of the role, but also the organisational culture. Encouraging employees to take greener travel options can be an ...
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ArticleCapita TVL staff accept pay deal
Credit: T. Schneider / Shutterstock.comField TV licensing workers employed by service provider Capita TVL have accepted a pay agreement, which will be paid out in this month’s pay roll.The deal, which applies to the firm’s 165 field staff, increases starting salaries on average by 9.5% from £23,680 to £30,000, provides ...
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ArticleAllianz introduces electric car salary sacrifice scheme
Insurance firm Allianz has introduced an electric car salary sacrifice scheme for its more than 8,000 UK employees.The scheme, which is provided by ElectriX, part of LV= General Insurance and CBVC Vehicle Management, is available to all employees. They can choose between electric and plug-in hybrid cars, while the cost ...
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ArticleConfessions of a benefits manager: Candid cannot swerve company cars
I try to have as little to do with company cars as possible. That is because to get involved in cars is to be in the wrong, and I just hate that. You see in the US, company cars are a super special perk way beyond the reach of an ...
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ArticlePenderyn Distillery launches electric vehicle salary sacrifice scheme
Welsh whisky and spirits distillery Penderyn Distillery has introduced an electric vehicle salary sacrifice scheme for its workforce.The employer, which operates across two sites in the Brecon Beacons, appointed Edinburgh-based fleet management business Gofor to manage the scheme, designed to suit Penderyn’s specific objectives.Its goal was to make the switch ...