Lord muc
As always the “devil’s in the detail” with the NHS car leasing scheme. Given the fact that there are 1.3 million people working for the NHS and only 75000 have taken advantage of the scheme I thought there must be a catch.
Firstly you have to have a salary over £25,000 pa to participate in the scheme and despite what is being said on this thread most people in the NHS don’t earn that much. When you apply for a quote they take the proposed cost of the lease from your gross salary and if that takes you below the minimum wage your application is rejected.
Also the monthly figure they quote assumes you are only doing 6000 miles per annum and that you are a higher rate tax payer. They then take the savings you make(tax NI and Pension) from the quoted figure to give the net.
So it’s only as good as it seems if you are earning £50 k plus per annum and don’t do a lot of mileage. Good if you meet the criteria but the vast majority of NHS employees don’t.
Hope that helps.