I'm doing this via salary sacrifice (first time leasing) and it is a rather good deal. Didn't know that about public sector not being able to avail of this. Any reason why? Do they get other benefits to compensate?Not a direct answer to your question, but have you looked into EV salary sacrifice schemes? Seems like you could save around 50% of the cost if you are a higher rate tax payer. Public sector workers in the UK are not allowed to use this (grrrr) but seems open to any other employer.
I feel your pain I work in the public sector... so also confused why you say you aren't allowed?That makes me feel better about not being allowed, although employers are free to shop around and in my quick research before I realised I couldn't go down this route I saw what looked like reasonable headline figures available - certainly a decent saving for higher rate taxpayers. Like all things, checking the details and shopping around are key. The public sector ruling is basically Government saying that they would be funding this through reduced HMRC takings, so deal with Covid, deliver Net Zero, take your pay freeze and f*ck you to employees. As you can tell, I'm not bitter
This is the official line from the Treasury:I feel your pain I work in the public sector... so also confused why you say you aren't allowed?
I've only seen it recently and not sure when it was first announced. I'd bet there are many public sector bodies that have gone down this path without realising they needed to ask permission, especially as there is no cost to the employer. Ask forgiveness later is a great approach to life I find, I just wish I had found a way to get this set up without asking officially.Weird... is this recent? I wonder if they are still doing the leases but without the ability to salary sacrifice.. I never used it but I'm sure the company is called Zenyth.