Always looking to be one step ahead with new technology…
KFA have recently introduced a new salary sacrifice based ‘Drive an Electric Car’ scheme.
It’s in the news this week that the ban of petrol and diesel cars is looking likely to be brought forward from 2040 now. At KFA we are always trying to be forward-thinking and so are now offering employees the chance to use the company scheme to make the move sooner.
By giving KFA staff the opportunity of leasing an electric car, the company and the employee will both benefit from the tax savings. The employee will no longer pay tax and National Insurance (NI) on the earnings being sacrificed and instead will pay income tax on the benefit in kind on the car.