Through the scheme, you can lease a brand new car using the discounts available to South Warwickshire University NHS Foundation Trust.
All vehicles come with a full service, maintenance and repair package plus fully comprehensive insurance and complete support from our scheme provider, Knowles Fleet.
You can pay for your car by via a salary deduction or salary sacrifice arrangement.
Under both options, payments and any car benefit tax liability are taken directly from your salary on a monthly basis.
South Warwickshire University NHS Foundation Trust is working in partnership with Knowles Fleet to run the scheme. You can request unlimited, personalised quotes based on your car choice and mileage to ensure you find the perfect vehicle for you. Knowles Fleet’s expert team is also on hand to support you throughout the term of your lease.
Scheme eligibility
| Salary Deduction | Salary Sacrifice | |
|---|---|---|
| Employment Status | ||
| Permanent member of staff | ✔ | ✔ |
| Passed probation period | ✔ | ✔ |
Ryan is a 30 year old specialist nurse earning £33,706 per annum and travels an average of 8,000 miles a year.
As Ryan travels less than 3,500 business miles per annum, he doesn’t qualify for the salary deduction scheme although he benefits from any ad-hoc business travel undertaken being reimbursed at the agreed NHS Agenda for Change rate.
His choice of car is an electric MG4 Hatchback on a 36-month contract.
| Pays | Saves | ||
|---|---|---|---|
| Salary sacrifice payment (From gross pay) |
£434 | - | |
| Savings on PAYE, NI & Pension | - | £173 | |
| Benefit in Kind tax | £9 | - | |
| TOTAL | £270 | - | |
Katie is a 52 year old and travels an average of 15,000 miles a year, 5,000 of which relate to SWFT business mileage.
As Katie travels over 3,500 business miles a year, she qualifies for the salary deduction as well as the salary sacrifice scheme.
Due to the stage in her career, Katie has decided not to elect for salary sacrifice due to the impact on her pension.
Her choice of car is an electric Nissan Leaf on a 36-month contract.
| Pays | Saves | ||
|---|---|---|---|
| Salary Deduction payment: (From Net pay inc.VAT) |
£193.61 | - | |
| Savings on PAYE, NI & Pension | - | £0 | |
| Benefit in Kind tax | £0 | - | |
| TOTAL | £194 | - | |
