Up to 50% cheaper parking every working day
Massive savings for the employer in Class 1 NI whilst solving car parking problems for employees

How does the salary sacrifice car parking scheme work?

  • The Car Parking benefit allows employees to make considerable savings off their daily parking costs.
  • Enjoy Benefits negotiates discounted rates with parking providers. The network includes NCP, Q Parks and Euro Car Parks and dozens of regional providers.
  • If the parking providers they  use are not registered with Enjoy Benefits, we will contact them and bring them into the network.
  • The company pays the cost of parking up-front for a year and reclaims the money from employees gross salary on a monthly basis. This is only available until April 2017 and schemes set up before that are protected until April 2018

How will this benefit my business?

  • Improved retention, punctuality and wellbeing of employees  by potentially making it easier to get to work.
  • Potentially reduces costs if your business is already providing assistance to employees with parking fees by replacing an existing scheme
  • 13.8 pence Employers NIC saving for each £1 of employee’s salary exchanged for Car Parking.
  • On average over £125 per annum per employee participating in the scheme, protected until 2018 for current schemes

How will this benefit my employees?

  • Highly tangible benefit.
  • The savings can be equivalent to a pay increase of several percent.
  • Between the tax saving and the discounted rates employees  can save as much as 50% off their parking costs.
  • May allow employees to park closer to work, this can also be safer as well as convenient.
  • Potentially reduces their car insurance premiums if vehicles are parked in a secure car park during the day.

How much does it cost my business?

  • No cost to the business to implement.
  • Enjoy Benefits charges a small administration fee which is more than met by the NI saving.
  • The cost of buying the parking is quickly recouped through Salary Sacrifice.
  • For a free consultation even if you have an existing scheme

Tell us who you are, we can get the ball rolling

Attract and retain the best employees and help with your employees parking needs...
Employer registration - no obligation

Want to know more about how this works?

Car parking can be expensive, inconvenient, too far away and insecure
Ask us a question, or ask us to call you back