“I have just taken delivery of my new smart car and would just like to pass on my thanks for making my dreams come true…I am saving in excess of £2,000 a year"
Sue, Website Implementation Manager
Drive AT WORK™ is a tax and National Insurance Contribution (NIC) efficient scheme set up to encourage employees to drive to work in energy-efficient cars and help reduce CO2 emissions. Through the scheme, each employee can hire a car from their employer free from income tax and NIC. Employers save NIC for each participating employee.
What's in it for you?
- Save 12.8% National insurance Contributions (NIC) and 15% VAT
- Help reduce carbon emissions and improve your company’s carbon footprint
- Increased external and internal brand value by demonstrating awareness of your Corporate Social Responsibility and environmental policies
- Answer the Duty of Care obligations under the new Corporate Manslaughter Act introduced in April 2008
What's in it for your people?
- Basic-rate income tax payers save on average £827* a year (higher-rate taxpayers save on average £1093* a year)
- Help your employees reduce their carbon emissions and improve their carbon footprint
- The scheme provides a fully maintained vehicle (including all servicing, fully comprehensive insurance, gap insurance, early termination insurance, annual road fund licensing and roadside assistance) offering further savings for the employee of up to £2,000 per year