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The Car Benefit SchemeThe Car Benefit Scheme is the salary sacrifice car benefit provided to all eligible Anchor colleagues*. It means you can configure and hire a brand new electric or plugin hybrid

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How to fill out salary sacrifice car scheme

01

Determine if your employer offers a salary sacrifice car scheme.

02

Choose a car from the list of approved vehicles provided by the scheme.

03

Calculate the monthly payments based on the agreed upon salary sacrifice amount.

04

Complete the necessary paperwork provided by your employer to enroll in the scheme.

05

Enjoy the benefits of driving a new car while saving on taxes and National Insurance contributions.

Who needs salary sacrifice car scheme?

01

Employees who want to drive a new car without the hassle of purchasing and maintaining it.

02

Employers who want to offer an attractive benefit to their employees without incurring additional costs.

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What is salary sacrifice car scheme?

A salary sacrifice car scheme is an arrangement where an employee gives up part of their salary in exchange for a company car.

Who is required to file salary sacrifice car scheme?

Employers are required to report salary sacrifice car schemes for their employees.

How to fill out salary sacrifice car scheme?

Employers must provide details of the salary sacrifice car scheme on their tax returns.

What is the purpose of salary sacrifice car scheme?

The purpose of a salary sacrifice car scheme is to provide employees with a cost-effective way to obtain a company car.

What information must be reported on salary sacrifice car scheme?

Employers must report details of the employee, the car, and the salary sacrifice arrangement.

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