The Scheme
All you have to do is just add fuel!
The Scheme
TCH Salsa is a scheme which enables employees to acquire a brand new car every 2 or 3 years under a Salary Sacrifice arrangement with their employer. By agreeing to a reduction in your salary which goes towards paying the monthly rental for your car, you can save an amount of tax and national insurance on the remainder of your salary. Although you have to pay company car tax, because the use of the vehicle by your employer is classed as a ‘benefit in kind’, the tax and NI savings often outweigh the company car tax. Every vehicle supplied on the scheme includes road tax, all routine servicing and maintenance, breakdown cover, all tyre replacements, and fixed premium, fully comprehensive insurance (with up to two additional drivers if required) for the whole of the Salary Sacrifice scheme contract. All you have to budget for on top of this is your fuel!
New car every 2 or 3 years>
New car every 2 or 3 years
All vehicles supplied are brand new with all costs covered for the course of the agreement. The only thing you have to budget for is the fuel!
There is no deposit to pay for your car>
There is no deposit to pay for your car.
Under the scheme, there are a fixed number of rentals (24 or 36) of an equal amount so no deposit to find! You don’t even have to pay anything before you get your car as the first rental will be taken from your salary on your first pay day after delivery of the car.
No Credit Check is required>
No Credit Check is required
No need to worry about a search being recorded on your credit report. Beneficial if you have a poor (or no) credit history.
Includes servicing & repairs>
Includes servicing & repairs
When your service is due, or repairs are needed, please contact our service booking line to book a time and location that is convenient to you. There’s no need to put your hand in your pocket.
Tyre replacement & Repair>
Tyre replacement & Repair
ALL tyre replacements and puncture repairs are included in your rental – for whatever reason, damage or wear and tear. Simply call TCH Assist and we can arrange a convenient visit to a local tyre supplier or arrange one of our approved mobile fitters to come to your work or home to do the job!
Free Breakdown cover>
Free Breakdown cover
TCH assist provides you with a full breakdown and recovery facility. This includes Roadside assistance, ‘At Home’ service, Recovery/Onward travel and Recovery Plus.
Fully comprehensive business insurance>
Fully comprehensive business insurance
Fixed cost for up to three years. Included as part of the rental. Won’t premium increase even if you have a claim during the contract. Includes business use if you use your car for your employer’s duties. Eligibility rules apply – see KEYFACTS document.
Add additional drivers>
Add additional drivers
Up to two additional drivers can be included (total 3). Minimum age is 18. Can be a competitive way of insuring a younger member of the family in comparison with standard retail insurance. Eligibility rules apply – see KEYFACTS document on website.
New RENAULT ZOE HATCHBACK
65kW i Dynamique Nav Q90 40kWh 5dr Auto
available for immediate delivery in a choice of metallic paint colours!
From £336.82
per month
Gross salary deduction - £488.16 per month
Income tax saving @ 20% - £97.63 per month
NI saving @ 12% - £58.58 per month
Company car tax payable* - £4.87 per month
Total net salary reduction = £336.82
(saving £151.34 per month due to salary sacrifice arrangement)
Everything is included except the fuel!
*company car tax based on delivery from April 2020
Figures based on 20% taxpayer, 3 year contract, 8,000 miles per annum inc all maintenance, servicing, tyres, breakdown, fully comp insurance fixed for 3 years. No deposit required.
For a quote based on your specific requirements please call 0333 0146 059 or email salarysacrifice@tchleasing.co.uk
The Scheme
TCH Salsa is a new scheme which enables employees to acquire a brand new car every 2 or 3 years under a Salary Sacrifice arrangement with their employer. By agreeing to a reduction in your salary which goes towards paying the monthly rental for your car, you can save an amount of tax and national insurance on the remainder of your salary. Although you have to pay company car tax, because the use of the vehicle by your employer is classed as a ‘benefit in kind’, the tax and NI savings far outweigh the company car tax. Every vehicle supplied on the scheme includes road tax, all routine servicing and maintenance, breakdown cover, all tyre replacements, and fixed premium, fully comprehensive insurance (with up to two additional drivers if required) for the whole of the Salary Sacrifice scheme contract. All you have to budget for on top of this is your fuel!
Welcome to TCH Salsa