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The Viglen Home Computing Initiative

The Viglen Home Computing Initiative. Viglen Home Computing Initiative (HCI). What is HCI? How does HCI work? What are the benefits for the Employee and Employer? Examples How Viglen can help you? Questions and Answers. What is HCI?.

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The Viglen Home Computing Initiative

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  1. The Viglen Home Computing Initiative

  2. Viglen Home Computing Initiative (HCI) • What is HCI? • How does HCI work? • What are the benefits for the Employee and Employer? • Examples • How Viglen can help you? • Questions and Answers

  3. What is HCI? • Home Computing Initiative (HCI) is auser-friendly scheme made possible by the Government 1999 tax exemption on loaned computers • With built-in tax breaks, the scheme enables employers to provide cost-effective access to the latest IT for their employees to use at home - at a fraction of the retail price

  4. How does HCI work? • Employer buys or leases PCs in bulk • Employer loans PC to employee (over 3 yrs) • £2500 benefit limit over 5 years (£500/year) • PCs and all accessories that rely on a PC, qualify • Employee repays by salary sacrifice (Gross) • Employee saves by paying less PAYE and National Insurance (& No VAT) • Employer saves by paying less employer National Insurance • (12.8% of salary sacrifice) • Employer can reclaim VAT (17.5%) and pass this benefit onto employee

  5. What's in IT for Employees? • Up to half price PCs for as little as £15 per month! • State-of-the art PCs and Notebooks for around half the normal price • Ability to spread the cost over 3 years without credit • Chance to get a PC for the family which might be otherwise unaffordable • 3 year at-home warranty protection • Learn and progress at work

  6. What's in IT for Business? • Up to half price PC for all employees with no cost to your company • Tax incentives available • Company-wide skills base with IT confident and IT ambitious staff • Operational savings through reduced employer NI contributions • Attract and retain the best people:- strengthen relationships with employees by making their salaries go further and reduce the cost of staff turnover • Cost-effective and innovative way to cut costs and boost productivity • Convenient leasing opportunities

  7. What is The Viglen HCI? The Viglen HCI programme, “Make IT Happen”, is the definitive HCI package for employees: • Viglen HCI scheme iscost-neutral • Your company saves 12.8% of employers NI on the amount sacrificed • A one-stop, hassle-free approach to getting your staff on the digital fast-track • Offer compelling array of the latest and most powerful Desktop and Notebook PCs • Offer cost-effective packages for 3 year leasing and outright purchase • Dedicated customer service and support

  8. Costs Illustration to the Employee: Basic Rate Higher Rate Price including VAT £1762.50 £1762.50 Price from your employer (net of VAT) £1,500 £1500 Monthly reduction in gross pay over 3 years £41.66 £41.66 Less Tax and National Insurance contributions (33%)£13.75 £17.08(41%) Net cost to you per month £27.91 £24.58 Net cost to you over 3 years £1,005 £885 Saving to employee £757.50 £877.50 Discount of retail price 43.0% 49.8%

  9. Employer Perspective £ Cost of PC Price (VAT inc) 1,762.50 Net Price to Company 1,500 1,500 Cost neutral to company Amount of salary sacrifice Employers N.I. (@12.8%) Saving per employee for company 192 500 employees on HCI scheme = £96,000 Saving to company

  10. Business Benefits Viglen HCI –Benefits Employee Benefits

  11. Viglen HCI Product offering • Viglen HCI offer a comprehensive choice of options to suit a • range of needs and budgets:- • State-of-the art Desktop PCs • Powerful Notebook PCs • Upgrades and peripherals available

  12. Implementing HCI with Viglen is SIMPLE • What to consider • Getting started • Comprehensive pilot programmes

  13. IT’s The Complete One-Stop Action Package: • Colourful Viglen HCI posters for staff notice boards • Presentation materials to help present your case to large groups • Viglen experts to make in-house presentations and answer questions • Viglen/HCI website - comprehensive information and answers to every possible question – www.viglen.co.uk/hci • Pre-configured forms - to simplify order process

  14. Tax OEM PC Product Management Finance/HR Program Management Customer Employer IT Infrastructure Order, Ship, Track Billing, Support Employee Customer Care Legal Logistics Viglen HCI Project Team Removing the burden from the organisation

  15. Key Considerations for an Organisation • What staff are eligible? • Lease or buy? • Frequency of offer? • Risk of bad debt? • Communication with employees? • Recovery of VAT? • Data Protection? • Consumer Credit Act? • Treatment of leavers during term?

  16. Questions and Answers

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