Changes to the rules affecting salary sacrifice car schemes and rises in BIK taxes for company car drivers make the resurgence of ECO schemes more likely.
Vehicle and asset finance specialist Maxxia Group is warning UK businesses that ditching company cars in favour of cash allowances for perk drivers carries a number of cost and duty of care risks.
For the first time, the five biggest leasing companies account for more than one million vehicles. They now fund 61% of the cars and vans in the FN50.
WESC Foundation has selected Maxxia’s Lifestyle Lease car scheme to widen the number of employee benefits available for staff.
While employees still view employer-provided car schemes as a benefit, growing numbers are considering opting out if car tax increases further, a survey from Maxxia Group has found.
Maxxia UK, provider of enterprise-wide asset financing solutions, has acquired independent, privately-owned asset finance brokerage, Capex Asset Finance.
Asset finance company Maxxia has acquired car finance broker Eurodrive.
Maxxia UK has launched a car salary sacrifice scheme under which the agreement is held with the employee and not the employer.
Maxxia UK has acquired asset finance broker Anglo Scottish as part of its growth strategy for the UK.
Roger Skinner, CEO of Maxxia, is dusting off his running shoes in a bid to raise £10,000 for three specialist heart hospitals.
A new business has launched into the UK fleet market promising a new approach to company car and commercial vehicle funding.
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