Zenith
Zenith is a leading provider of vehicle leasing and fleet management solutions in the UK, with over 25 years of experience in delivering salary sacrifice car schemes. Their electric vehicle (EV) salary sacrifice program enables employees to lease brand-new electric cars through a tax-efficient arrangement, promoting sustainable transportation and offering financial benefits to both employees and employers.
Main Benefits for Employees
- All-Inclusive Package: The scheme includes a brand-new electric vehicle, fully comprehensive insurance, road tax, servicing and maintenance, breakdown cover, and tyre and windscreen replacements. This all-inclusive package simplifies vehicle ownership and reduces unexpected expenses.
- Environmental Impact: Driving an electric vehicle contributes to reducing carbon emissions, allowing employees to make environmentally conscious choices and support sustainability initiatives.
- No Upfront Costs: Employees can access a new electric vehicle without the need for a deposit or credit checks, lowering the barrier to entry for EV ownership.
- Wide Vehicle Selection: Zenith works with leading vehicle manufacturers, offering employees a broad range of electric vehicles to choose from, catering to various preferences and needs.
Main Benefits for Employers
- Cost Efficiency: The scheme is designed to be cost-neutral or even cost-saving for employers, as the reduction in National Insurance contributions can offset administrative costs.
- Risk Mitigation: Zenith provides a high level of risk mitigation, protecting employers against financial risks if employees leave the company or have long-term absences, ensuring the scheme remains sustainable.
- Sustainability Goals: Implementing the scheme supports corporate sustainability objectives by reducing the company's overall carbon footprint and demonstrating a commitment to environmental responsibility.
- Simplified Administration: Zenith manages the setup and ongoing administration of the scheme, reducing the workload for HR and payroll departments and ensuring compliance with relevant regulations.
Special Features
- Comprehensive Support: Zenith offers tailored support throughout the implementation and operation of the scheme, including a dedicated implementation team and an online management system that provides instant access to information on emissions, accidents, and more.
- Flexible Scheme Options: The scheme is customisable to meet the specific needs of different organisations, allowing employers to tailor the offering to their workforce and business objectives.
- Sustainability Commitment: Zenith is committed to promoting eco-friendly vehicle options, helping companies reduce their carbon emissions and contribute positively towards Environmental, Social, and Corporate Governance (ESG) goals.
- Experience and Expertise: With over 25 years of experience in providing salary sacrifice car schemes, Zenith brings deep market understanding and expertise, enabling them to craft custom solutions that perfectly fit a company's needs.
In summary, Zenith's EV salary sacrifice scheme offers a comprehensive, cost-effective, and environmentally friendly solution for both employees and employers. By facilitating access to electric vehicles through a tax-efficient arrangement, Zenith supports the transition to sustainable transportation while delivering tangible financial and operational benefits
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Pricing
£8.00 (example)
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