Car lease scheme
The car lease scheme through CPC Drive (working in partnership with Tusker) enables you to makes tax savings through salary sacrifice on the cost of leasing a vehicle.
The car will be classed as a company car and as such is a taxable benefit in kind, which is offset against your overall tax savings as part of the scheme.
The package also includes:
- MOT
- routine servicing
- RAC breakdown cover
- replacement tyres
- annual road tax
- fully comprehensive car insurance.
How much it costs
The amount you pay will depend on which car you choose, but this amount will be taken directly from your salary before you pay income tax, helping to make it more affordable.
Eligibility
The scheme is open to all staff who have passed their probation, have one year of continuous service and a contract that covers the period of the hire agreement.
Championing more sustainable travel and transport
Cutting carbon emissions is a vital and central aspect of reducing our impact on the environment and we’re committed to minimising the carbon and environmental impact of our travel and transport activities.
Choosing an electric, hybrid or low emission petrol car is a great way to help reduce carbon emissions. And, if you’re leasing an Electric Vehicle (EV), you can also benefit from home-charging installation at no additional cost.
Through savings on tax and National Insurance, you can get into a brand-new EV for less money than a petrol or diesel equivalent on the scheme.
Although you will need to pay Benefit in Kind, the Government has agreed to keep these rates low for EVs to help more people make the switch. The rates are being held at 2% until April 2025, then increasing by 1% each year until April 2028.
What to do next
- Visit our CPC Drive web page.
- Take a look at all the scheme guides to help you find out more.
- Register and login using your Essex e-mail, personal reference number and company code UOE1 to view all the available vehicles and get a personalised quote.
- You can get your personal reference number from HR Organiser. You can find it by clicking ‘View profile’, selecting the ‘Employment’ tab, and selecting your current position.
- Make sure you understand the full cost of the package, including things like road tax, which is changing for electric vehicles from 1 April 2025.
- Choose your vehicle and wait for delivery.
- Take note of the company car rates for any business-related travel.
A bit about CPC Drive
CPC Drive is the UK’s leader in salary sacrifice cars. They run over 1,800 salary sacrifice schemes across the UK. CPC Drive has been a carbon neutral organisation for over 10 years and is one of the founding members of the EV100, a group of organisations championing the move to zero emissions.
If you want to talk to CPC Drive about ordering a car or need some help with the site, you can call them directly on 0333 400 7431 or email EETeam@tuskerdirect.com.
