Business
Car Leasing
Allows you to select the vehicles you want for your business, pay a fixed monthly amount and have the flexibility to choose when to hand the car back to us, removing any vehicle risk.
Video: Business Car Leasing Explained
31.12 Sec
Choose a car scheme that suit your business. Decide whether to utilise as pool vehicles, or as a benefit to your employees as company cars.
Benefits of Business Car Leasing
Free Up Your Capital
No Vehicle Risk For Your Business
Terms, Mileage and Extras to Suit You
How Business Car Leasing Works
Choose the vehicle
Selection, ordering and delivery all managed on the CBS Portal.
Vehicle leased to your business
Rental inclusive of full maintenance package.
Use vehicle as required
Give an employee a company car or use as a pool vehicle.
Easy renewal process
At the end of term, you can choose a new car for the business.
Employee Benefits
Keep your employees happy by offering your company car entitled drivers a vehicle that is reliable and practical to run, helping you to attract new talent and retain the best staff.
We’ll help and support you throughout the duration of your fleet contract.
Breakdown Support & Tyres
Service, Maintenance & MOT
Fines & Charges Management
Windscreens
Replacement Vehicle
Driver Dedicated Helpdesk
Let’s Talk Tax
Is Business Car Leasing Right For You?
Remember, our Business Car Leasing can be one part of your overall solution alongside our other products, creating a blended car benefit package.
Discover all our solutions for employee car benefits.
- You want to continue to offer traditional company cars to some drivers.
- You want to free up capital for your business.
- You are happy to complete some P11D reporting on your fleet.
- You want pool cars or the ability to move vehicles around your employee community.
Your company leases a car or a fleet of cars in accordance with the business needs. Business lease cars can be given to your employees as a company car or salary sacrifice car and the appropriate tax for the benefit is applicable, or the car/s can be used as pool vehicles. Either way, a fixed monthly rental is paid by the business in exchange for the vehicles.
You’ll need to be a VAT registered company to lease a car through a business. A credit check, proof of entity and your companies house number are also requirements for business car leasing.
The company can claim back 100% of the VAT on payments made for a business leasing car if the vehicle is used for business purposes only. If the business lease car is also used for personal reasons by your employees, you can still claim VAT back, but only 50% of the VAT on the finance rental.
Multiple employees can drive the same business lease car providing they’re covered through the insurance policy. If the car is provided as a company car, then an employee’s partner or family member could also drive the vehicle, as long as you as the employer hold a copy of a valid UK driving licence for the additional driver.
Get in Touch
Got a question? Want to know more about how we can help? Simply fill out the form and we’ll be in touch.
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