Wednesday July 09 2008
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    • Home Computing Initiative
    Tax-free loans on PCs bought for employees to use at home

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    HCI
    • BENEFITS TO EMPLOYERS
    • .: Raise potential and productivity of employees through enhanced IT skills, which contributes to your efficiency.
    • .: Employees more adaptable and open to broader skill-sets.
    • .: Attract more of the best employees by broadening benefits package with an HCI scheme.
    • .: Cost neutral to the business; in many cases an effective way of driving down operational costs through reductions to National Insurance contributions.
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    • BENEFITS TO EMPLOYEES
    • .: Reduce the cost of obtaining a computer by up to 30% for basic rate tax payers and up to 40% for higher rate tax payers.
    • .: Easy payments: spread the cost of a PC over a 3-year period.
    • .: Increased opportunities for learning and education.
    • .: Improved quality of life.
    • .: Enhanced perception of their empoyer.

    Home Computing Initiative quote Implementing an HCI scheme is positive for all parts of your organisation and for the UK as a whole. Talk to the HCI providers, learn from other organisations that have implemented schemes - but above all get started as soon as you can.quote Digby Jones, Director General, CBI.

    Tax FREE benefits for you and your employees
    In 1999 the Government introduced the Home Computing Initiative. The scheme allows employers to implement a tax-exempt loan scheme for computer equipment for their employees to use at home. Many employers use HCI's to widen their existing benefits package.

    The initiative is designed to encourage PC ownership and Internet take-up in homes across the UK. Under the scheme, organisations of all sizes can help motivate and reward their employees by providing home computing equipment with, both parties making significant cost savings by making use of available tax and NIC concessions.

    Get started with Elonex
    Complete packaged solutions
    Elonex offers a comprehensive delivery and support package completely independent of your IT department, keeping your involvement in management and maintenance to a minimum. We will assist with understanding the guidelines and legislation on HCI schemes to make sure you get the most efficient scheme for your situation.

    Huge experience in home and business computing
    Long experience with both organisational and personal customers nationwide makes Elonex the perfect partner for your HCI scheme. We offer the latest technology and can tailor PCs to suit any purpose, whether for business, education or entertainment.

    Flexible user-friendly service
    Home installation, out-of-hours service, even training, can be incorporated in your scheme. Our dedicated team will also assist in the promotion of your HCI scheme to achieve the widest take-up.

    Tried and tested
    If required we will help to establish a pilot scheme to enable the Inland Revenue to comment before full roll-out to all employees. Elonex will also advise on other areas including how to maximise benefits implementation of salary sacrifice and how to integrate an HCI scheme you’re your existing benefits packages.