MotorSave
MotorSave is a unique employee benefit scheme designed to help employees save up to 10% on car maintenance.
Benefits as flexible as your business
We’ve partnered up with motoring specialists Halfords to bring you a unique employee benefit scheme designed to make motoring safer and car maintenance and repair more affordable for your employees.
Through this salary sacrifice scheme, employees can save on the cost of their MOT, service, vehicle repairs and other routine car maintenance while spreading the cost over 12 months.
The cost of car maintenance can be a real burden. MotorSave provides employees with savings as well as greater control over the cost of maintaining and keeping their car safe on the road.
Employees are in safe hands too with car maintenance carried out by experts at one of over 300 trusted Halfords Autocentres across the UK.
Helping employees save money and giving them greater control over their finances is more important than ever, particularly in the current financial climate. Greater financial control also aids improved overall health and wellbeing, particularly mental wellbeing.
MotorSave could be a huge asset to your employee value proposition and help form part of an employee benefits package your employees won’t find anywhere else.
Employee and employer benefits
Employee benefits
- Employees can spread the cost of servicing, MOT, repairs and routine car maintenance over 12 months
- MotorSave can be used to maintain family vehicles too
- By paying through their gross salary, basic rate taxpayers save 10% while higher rate taxpayers save 2%
- The amount employees apply for through the scheme is flexible and can be used on multiple repairs or maintenance across the year
- Employees can still take advantage of offers and promotions at Halfords, so they don’t miss out.
Employer benefits
- As a scheme with broad appeal, MotorSave is likely to prove popular across your business
- You have full control over the amount employees can apply for through the scheme, up to £1,000
- There are different scheme funding options available to suit you, designed to reduce administration and make the scheme easy to manage
- MotorSave makes life easier for employees when it comes to car maintenance, helping reduce stress and ease the financial burden
- By helping staff to plan ahead and ensure their car is well maintained there’s less chance of them needing emergency time off for breakdowns
- Helping employees stay on top of their spending will help to improve their financial wellbeing and their mental wellbeing too.
Salary sacrifice scheme benefits
Salary sacrifice schemes are a great way for both employers and employees to save money on National Insurance and for employees to make tax savings too. The different schemes have other benefits too for both employers and employees.
Here’s a bit more information on our salary sacrifice schemes.
Holiday trading
Holiday trading schemes can really help companies demonstrate a commitment towards flexible working and improve employee satisfaction.
Childcare vouchers
Childcare vouchers are still a great way to save money on childcare costs and are a better option than the new tax free childcare scheme for many parents.
Car benefit scheme
Even with the recent government changes, the salary sacrifice car scheme is still increasingly popular and a great way for employers to save money.
Bike to work scheme
Also known as cycle to work the scheme is one of the most sought after salary sacrifice employee benefits.
