Guide Dogs signs up to Leasedrive's mycar salary sacrifice scheme
Under the mycar initiative, employees sacrifice some of their salary in exchange for a brand new vehicle which is fully serviced and maintained. The employee saves tax and national insurance (NI) on the money sacrificed and the employer saves NI making it a very cost effective way of leasing a car for both.
Guide Dogs has 1,200 eligible employees for the car salary sacrifice scheme and, as a registered charity, is also able to make use of the benefits available to it via Government Framework agreements which further made the scheme attractive.
Chris Mabbatt, procurement business partner, Guide Dogs, said: ‘We were most impressed with the ease of use of the mycar website, its look, overall features and fully comprehensive product offer. It will reduce the central administrative burden and the web quoting system will allow our eligible employees to look up information on thousands of cars, compare vehicles side-by-side, create and save quotes. Other online features provide services that reduce the hassle of running a car.
‘Car salary sacrifice schemes are certainly gaining in popularity and Leasedrive has considerable experience of providing such schemes. Now our employees can enjoy, if they so desire, a more fuel efficient, low CO2 emitting, fully serviced and maintained new car at a fixed budgeted monthly cost backed by comprehensive insurance.’