Fleet News

Top tips for introducing salary sacrifice

Lex Autolease offers top tips for introducing salary sacrifice.

  • Allow several months lead time to set up the systems, processes and ensure HMRC compliance
  • Clearly and consistently market the product internally (roadshows, email, home direct mail, demo days etc)
  • Set a CO2 cap to encourage BIK-efficient employee choices
  • Build a contingency fund for early terminations by adding a small increment to the rental charge
  • Review the policy regularly to benefit from negotiable manufacturer discounts and changes to legislation
  • Don’t use salary sacrifice as a substitute for a company car scheme

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