Fleet News

ACFO survey to assess impact of salary sacrifice schemes

Just how popular are company car salary sacrifice schemes? That is what fleet decision-makers’ organisation ACFO is aiming to find out with an online survey.

ACFO chairman Julie Jenner said: “There has been a great deal of talk and media coverage of salary sacrifice schemes as a major development in the UK fleet market. Most fleet management service providers now offer some forms of these schemes, which rely on the differential tax and National Insurance contribution treatments of ‘cash’ and ‘benefits’.

“What is much less clear is the actual impact these schemes have had - or are likely to have - on the shape and size of the UK market. There are as yet no clear definitions for market analysis or tax base, so there is no picture of just how far these schemes have changed the market. ACFO, therefore, is seeking to measure these aspects.”

The survey is accessible online at www.acfo.org and is open to all fleet operators - both ACFO members and non-members. The results will be considered by the ACFO board and will help to shape the organisation’s submission ahead of the 2012 Budget to be delivered on March 21.

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