Fleet Evolution has launched an employee car ownership (ECO) scheme aimed at high mileage drivers.
The company says the scheme will allow employees who do high business mileage to own a company car with employer volume discounts – but without paying any company car tax.
Andrew Leech, managing director of Fleet Evolution, said: “This new arm of the company will provide a complete employee car benefit solution for all employees.
"We have already established ourselves as a leader in the sector when it comes to salary sacrifice, but by opening ECOs schemes up to smaller companies, we are able to ensure everyone who wants to benefit from these fantastic offerings can do.”
Leech added: "This new move comes five years after our first salary sacrifice car scheme, which was for 80 employees, was finalised.
"Since we entered into the industry, many things have changed, and as we are always looking to fill gaps and give small businesses the help and recognition they need, we saw this huge window of opportunity to help both employers and their employees.”
Robberg - 21/02/2017 13:09
If a driver receives employer volume discounts, is that not benefit in kind?