Employees of North Lanarkshire Council able to obtain electric vehicles through salary sacrifice scheme

dailyrecord.co.uk:

Employees of North Lanarkshire Council will be able to obtain electric vehicles through a salary sacrifice scheme. The council hopes that by joining the scheme and driving “green” vehicles its staff will contribute to reducing carbon dioxide emissions, while benefiting from new, fully maintained and insured cars at a lower cost than they would find in the retail market.Although the incentive will not be available to staff earning less than £26,000 as the instalments would take them below minimum wage, around 10,500 council employees will be eligible to sign up with the option to purchase the car outright after the lease period ends.The Lanarkshire Live app is available to download now.

Get all the news from your area – as well as features, entertainment, sport and the latest on Lanarkshire’s recovery from the coronavirus pandemic – straight to your fingertips, 24/7.The free download features the latest breaking news and exclusive stories, and allows you to customise your page to the sections that matter most to you.Head to the App Store and never miss a beat in Lanarkshire - iOS - Android The provider for the scheme is Tusker and more than 1,000 models from major manufacturers will be available.A report on how the scheme would work for employees includes an example where the vehicle is a SUV manufactured by Peugeot, which on the open market would cost £433 each month for 36 months with additional charges for servicing, tyres, insurance and breakdown cover.Under the scheme, the council employee would pay between £241 and £288 per month with all extras included.The scheme was unanimously approved by the council’s finance and resources committee. *Don't miss the latest