How can salary sacrifice be used in your business?

As part of Budgen leasing, we’re always looking to help employers and employees get the most out of their leases on their fleet vehicles – and salary sacrifice can be a great option.

Get in contact with us today to book a demonstration or speak to a friendly member of our team help answer questions from both employers and employees.

What is salary sacrifice? This is a scheme that allows employees of a business to lease a brand-new vehicle of their choosing. The employee can lease the vehicle through the business but they cover the cost of it by sacrificing part of their salary.

How does salary sacrifice work? Budgen have got the whole process covered, including:

• Employee eligibility

• Company credit line

Plus, the employee vehicle quotations also include:

• Salary deduction

• Income tax

• NI savings

• BIK calculations

And even:

• Vehicle delivery

• In-life support for employees and their employers

• Periodic reports to support HMRC submissions and payroll deductions How do employees order their vehicles using salary sacrifice?

Are you considering salary sacrifice in your business?

Budgen want to help power your business forward with our fantastic range of leasing offers and help you secure the best vehicles for your business needs. Salary sacrifice can be a brilliant way to enable employees to drive vehicles that fit their work demands, are affordable and comprehensively covered. Don’t hesitate to get in contact with us today!