The right solutions for your business... Tel/Fax  01792 895933 All content Copyright Business Services Wales Limited - 2012. All rigths reserved Contract Hire This is a method of hire that reduces the average monthly payment. Essentially, your vehicle / asset is hired to you for a fixed period of time. Monthly payments are based upon the difference between the price of the vehicle / asset at the start of the agreement and the projected residual value, plus any finance charges. Thus only a proportion of the value is being repaid which avoids any large initial outlay and reduces the average monthly cost to the customer. We have a number of different contract hire deals available - our monthly hot list, our short term deals (6 - 12months) or our longer terms deals. Please use the appropriate links above to check them out... Below is the outline of a guide to employee car allowance, how it works etc. This is also available in Adobe .PDF format for download - Please click on the link to download the full guide. Guidelines on employee car allowance 1) Personal contract hire/personal contract purchase. 2) Reasons why a company should offer the option to provide a car allowance as an alternative to a company vehicle. 3) Practical Guidelines. 4) Employer Duty of care. 5) Why should the employee wish to opt out of the safety of a company vehicle? 6) The practical process for an employee to obtain his vehicle. This is a PDF version of the guide To download, please click on the link. You will need Adobe's Acrobat Reader to veiw the document. Registered in England & Wales, Company Number 4407421   VAT Number 793 4676 77 Consumer Credit Licence Number 606204