Welcome to the CBVC Salary Sacrifice Driver Portal
The purpose of this site is to illustrate the potential savings you can achieve by having a Salary Sacrifice Lease Car through your employer.
Salary sacrifice is a tax efficient way for you to acquire the use of an ultra-low emission car.
- A salary sacrifice scheme involves an adjustment to your employment contract under which your employer provides you with a company car in return for a reduction in your salary. The employer will take out a lease contract, so it is in everyone's interest to get the details right.
- The cost of the lease, maintenance, breakdown cover, road tax, and MOTs (if applicable) are covered in the lease agreement.
- Insurance can be included, however this is currently left as a self-completing field as your employer may have alternative, more cost effective, arrangements. The insurance policy needs to be in your employer’s name for you to qualify for tax relief on the Premiums.
- Once you have isolated the car(s) that are of interest please complete the enquiry form and we will check the rentals for correctness in what is currently a rapidly moving market.
- The rates shown and resulting tax calculation, whilst giving a very good guide do not take into account all marginal tax positions and other benefits you may receive. We strongly recommend you have the resulting calculation checked with your payroll department.
Whilst we have an extensive FAQs section, please contact our sales team on salsac@cbvc.co.uk or call 01283 351200 should you have any further questions.