Does NHS lease car affect pension?
This in turn means that staff would pay less tax, national insurance and pension contributions. As a result, the cost of leasing the car is significantly cheaper than a lease or hire purchase agreement with the manufacturer. The Trust also benefits as it also saves on pension and national insurance contributions.
Does NHS fleet solutions affect pension?
The car is provided in exactly the same way as it would be via a salary sacrifice; however the payment is taken from net pay. This scheme will work out more expensive as savings in tax, National Insurance and pension contributions cannot be made.
How does the NHS car lease scheme work?
What is the salary sacrifice scheme? The way the NHS salary sacrifice scheme is designed means that a worker gives up a proportion of their salary in exchange for non-cash related benefits. For some, this can provide support with sometimes costly outgoings such as childcare and the expense of running a car.
Do NHS staff get lease cars?
As an employee of the NHS or the emergency services, you could be eligble for an exclusive NHS discount on your next car lease .