Pivotal’s car subscription service allows businesses to provide employees with access to a range of high-end vehicles without the long-term commitments associated with traditional leasing or ownership. The subscription includes insurance, tax, servicing, and roadside assistance, all bundled into a single monthly fee. This approach simplifies vehicle management and offers financial advantages for both employers and employees.
A salary sacrifice scheme enables employees to exchange a portion of their gross salary for non-cash benefits, such as a company car. This arrangement can lead to significant savings, as the sacrificed amount is deducted before tax calculations, reducing both Income Tax and National Insurance contributions. For employers, this can result in reduced National Insurance liabilities. Implementing a salary sacrifice scheme with Pivotal’s car subscription service offers a cost-effective way to provide desirable benefits to your team.
By participating in a salary sacrifice scheme, employees can lower their taxable income, leading to savings on Income Tax and National Insurance. While employees will incur a Benefit-in-Kind (BiK) tax for the use of a company car, selecting plug-in hybrid electric vehicles (PHEVs) or electric vehicles (EVs) can minimise this tax due to their lower emission rates. Employers also benefit from potential reductions in National Insurance contributions, making it a mutually advantageous arrangement.
Fill in the form below to register your interest.
We’ll explain how you can join, the documents you’ll need and how quickly we can deliver your vehicle.
Registered office
Abbey Road, Whitley,
Coventry, CV3 4LF Registered in England: 10445040
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