The CVS Group is offering UK colleagues a new salary sacrifice car scheme which gives them the ability to lease an ultra-low emission vehicle (ULEV).
Launched in July 2023, vehicles with CO2 emissions of 75g or lower are available on the scheme and colleagues can choose from a wide range of electric or hybrid cars.
The ULEV scheme is a cost-effective way to lease an electric or hybrid car through a salary sacrifice arrangement. In addition, no deposit is required.
CVS colleagues will save on income tax and National Insurance as each month’s salary is sacrificed to lease the car, and income tax and National Insurance is calculated on a colleague’s remaining wages.
Helen Finney, group HR director at CVS, said: “Caring for animals goes hand-in-hand with caring for the natural environment.
“We work in a sector where you need to travel to your place of work and we know that many of our colleagues are keen to reduce their carbon footprint, so we were keen to offer one of the best ULEV schemes.”
The new benefit will be offered to colleagues from July 2023, and colleagues will be able to place an order to lease a new ULEV immediately.
Each ULEV lease agreement allows colleagues to choose the mileage and length of agreement suited to their needs.
The fixed monthly fee also includes fully comprehensive insurance, breakdown cover, annual road tax, accident management, routine servicing, MOTs and replacement tyres.
For more information about CVS Group visit their website.