Here is some helpful information to read through before you start to find your new car:
When you first log in, you will be asked to input personal information regarding your income and tax arrangements. Please ensure that you enter your contracted salary excluding overtime/enhancements.
The salary you forego in exchange for the car is called the salary sacrifice.
The quotes displayed when generated will be the NET reduction in your take home pay and based upon information provided to us and is indicative, ahead of any order all information if verified with NHS Lanarkshire to ensure accuracy.
The net cost includes your car payment, any payroll savings generated from the payment and the value of benefit in kind tax to be paid.
Any business mileage travelled will be reimbursed at the prevailing NHS Scotland national rates and is to be claimed through the NHS Lanarkshire expenses system.
If you are expecting a change in your personal circumstances or are in receipt of tax credits you should review the scheme rules and policy and carefully consider the impact to you.
Please also be aware that entering into a salary sacrifice arrangement reduces pensionable pay and will affect your pension built up in that period. The overall effect from participating in NHS Lanarkshire's salary sacrifice scheme will depend on multiple factors but ultimately will reduce the amount of final benefits available to you. If you are in any doubt you should seek independent financial advice before making a commitment to join the scheme.
Please note that pension reductions quoted on the portal consider the annual change to your pension contributions and should you chosen car reduce your contribution tier then it will not be re-banded until the following tax year which will impact your net cost - this will be highlighted at the point of order.
At the end of the arrangement, your vehicle will be collected and the sacrifice from your salary will cease.
Quotes are valid on the portal for 7 days however they are subject to change in the event of any changes in supply costs, interest rates or government grants or legislation.
