CBVC supports UK Champions with the EV Wage Sacrifice Regime

CBVC Vehicle Management has been associated with Business Consultance Champions (United Kingdom) PLC to implement a new electric salary sacrifice scheme (EV) for company employees, strengthening their position in the EV corporate benefits market.

Launched at the end of February, the regime is open to eligible staff through the 100 -Champions League staff, according to a statement. CBVC manages all aspects of the program, from the recruitment of vehicles to the employees’ board. To date, four battery electric vehicles have been delivered (BEV).

The regime offers only full bevs, allowing employees to access lower tax rates in type (BIK) while supporting the carbon reduction strategy for champions.

Mike Manners, CEO of CBVC Vehicle Management, said: “We are happy to support Champions UK in delivering this new employer benefit. The EV salary sacrifice is becoming more relevant to entrepreneurs who seek to reduce national insurance contributions and improve their offer of attraction and retention. The calendar is ideal, as companies are related to employment.”

Champions, which operates between events, entertainment, influencer marketing and speaker management, selected CBVC for his advisory and sensitive approach.

John Hayes, CEO of Champions League, said: “We have chosen CBVC on other suppliers due to its personalized and professional service. The team has been quick to answer the questions and make the launch soft and transparent.”

Salary sacrifice schemes allow employees lease an EV through a part of their gross salary, reducing the NIC income tax and liabilities. Entrepreneurs also benefit from NIC’s savings while offering a sustainable and high value advantage.

“CBVC supports Champions UK with salary salary launch” “was created and published originally Finance Motor Onlinea brand of Globaldata property.

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