Benefits

For you:

• Substantial financial savings due to reduced car scheme administration - typical annual savings are around £1,000 per car.
• NIC savings.
• Encourages employees to shift from company cars to the cash alternative.
• Tighter control on business mileage costs.
• Self financing - typically the NIC savings in year1 alone will more than pay for any associated costs.
• A simple low cost solution.

For your employees:

• Tax & NIC savings.
• No need to submit a tax return or claim tax relief.

• Direct Line: 0118 975 9232
• Mobile: 07808 530730
• Email: cbolan@compass-llp.com

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