Salary Sacrifice Scheme
GMP have recognised the changing needs of the Trusts and duty of care, we have now evolved and offer additional services such as Grey Fleet and Salary Sacrifice Schemes and can deliver the above with highly trained and skilled personnel. We also have additional resources in the form of a Vehicle Supply Team, Accident Management Administration and Driving Licence Checks.
In response to the Government Directives regarding the reduction of carbon footprint emissions, GMP have developed its own eco-drive plan, which will enable Trust’s to comply. We are proactive and have put the investment forward in order to be able to provide this and this can show significant savings to Trust’s budgets.
“A salary sacrifice happens when an employee gives up the right to receive part of the cash pay due under his or her contract of employment. Usually the sacrifice is made in return for the employer’s agreement to provide the employee with some form of non-cash benefit. The ‘sacrifice’ is achieved by varying the employee’s terms and conditions of employment relating to pay”
Here is a brief guide to how the scheme works:
Employees will benefit by a saving of up to 40% on a new car. These savings are derived from National Insurance, PAYE and VAT savings as well as through our huge buying power. BIK tax is payable but this is minimised through the choice of an eco-friendly vehicle. Your car will be fully managed, maintained, insured and taxed.
For more information please contact us at 0330 100 4910 or firstname.lastname@example.org