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Salary sacrifice here to stay, affirms Tusker

New tax rules on salary sacrifice have not dented their appeal nor their popularity with fleets, according to Tusker.

Row of cars

Tusker reported a continued increase in orders for salary sacrifice.

The car benefit specialist has spoken out again to affirm that such schemes remain attractive for both fleets and drivers, adding that the actual financial impact of the changes has been minimal.

The firm added that although it was originally thought that approximately half of all salary sacrifice drivers would not be affected at all, as well as ULEV drivers, the reality, following the publication of the Finance Bill in March this year, is that even fewer cars are impacted.

Tusker has also reported a continued increase in orders, with the company’s best-ever start to a year in 2017, which it attributes to the wider advantages in implementing a scheme.

Paul Gilshan, CMO of Tusker, said: “With all the talk around salary sacrifice schemes it is easy to understand why some people are confused about the changes which the Government has announced. However, all of the benefits, both to drivers and to their employers, remain, and have now been endorsed by the Government, providing clarity and certainty for their future.”

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.