MT Helps Staff Go Green
Manx Telecom is helping staff to go greener with an innovative salary sacrifice scheme that will help them transition to electric vehicles.
The scheme, which will allow staff to lease a variety of different electric vehicles from Rex Motor Company, forms part of an overall plan to move away from fossil fuels and increase electrification in transport across the company.
Following discussions with the Isle of Man Tax Division, Manx Telecom staff will be able to sacrifice part of their salary free from tax and NI to pay for the lease of the vehicles. This will be a zero-rated Benefit in Kind arrangement. Staff will also be eligible for a reduced price home charging point installation from Manx Solar Electrical and will be able to use the 16 free EV charging points already in place across Manx Telecom sites.
Manx Telecom CEO Gary Lamb said: ‘Manx Telecom is committed to making a significant contribution to the reduction of environmentally harmful emissions, including the emissions created as our people commute to and from our workplaces.
‘We know that many people would like to transition to electric vehicles but are prohibited by the costs involved or lack of knowledge. This leasing scheme is an opportunity to make the switch more affordable while using the expertise of Rex Motor Company to select the right vehicles for an individual’s use.
‘We are grateful to the Isle of Man Income Tax Division for providing support to the scheme through the zero-rated Benefit in Kind arrangement, and to Rex Motor Company and Manx Solar Electrical for helping us to make electric vehicles an option for our people when they are considering getting a new car.’
Onchan Commissioners have announced that DEFA has closed a section of Groudle Glen due to a land slip. Whilst the slip isn’t causing issue to pathways the trees above the slip require further inspection.
The path has been closed from the bottom slope leading up to the Groudle Hotel to the bandstand.
The House of Keys sits today, with 18 questions, a statement from David Ashford and a Private Member’s Bill from Dr Alex Allinson making up the running order.