I've started looking at pushing for this scheme to be run at my place of work and initial conversations with the powers that be would suggest that they are all for it.
I suppose the question is, is this really worth doing these days.
My understanding is that because of the changes in the VAT treatment, as well as the suggested 25% disposal value (on 12 month agreement), the savings to be had are now quite negligible and maybe as little as 20%.
All of the online calculators I've looked at seem to ignore the transfer of ownership cost at the end of the agreement and only focus on the tax/ni savings on the actual loan cost and are claiming a 32% discount for standard rate taxpayers.
Has anyone got any experience of either being part of, or indeed running the scheme. I'd be interested to hear what kind of savings people are actually getting, as well as any advice on what kind of loan repayments and resale value people are making to make it as attractive as possible for employees (ie. me) whilst being cost neutral for the company.