Electric Car Salary Sacrifice
electric car salary sacrifice

Save the planet, a commute at a time

Reduce costs, cut emissions and provide a great employee benefit all at the same time with electric car salary sacrifice

Great for employees

Cut motoring costs by up to 50%

Electric car salary sacrifice is a program offered by many UK employers that allows employees to give up a portion of their salary in exchange for a brand new electric car. This scheme offers a cost-effective and environmentally friendly way for employees to access the benefits of electric vehicles without the upfront costs of purchasing one outright.

Under the scheme, employees agree to a fixed monthly amount to be deducted from their salary before tax, with the savings on income tax, National Insurance and VAT making the car so much more affordable. The car is leased for a fixed period, typically two to four years, and at the end of the lease, the employee has the option to return the vehicle or purchase it outright. The employee's monthly gross salary deduction cover the costs of:

  • monthly car lease payment
  • servicing and maintenance costs
  • replacement tyres
  • motor insurance

In addition to the financial benefits, electric car salary sacrifice offers a range of environmental advantages, including reduced CO2 emissions and improved air quality. This makes it an attractive option for those who want to reduce their carbon footprint and contribute to a cleaner, more sustainable future.

Overall, electric car salary sacrifice offers a win-win solution for UK employees and employers alike, providing an affordable and environmentally friendly alternative to traditional vehicle ownership.

Save
Reduce operational expenses
Decarbonise
Reduce Scope 3 emissions
Grow
Attract and retain talent

great for every employee

Yes, electric car salary sacrifice is for everyone

Tired of hearing employees grumble about the high cost of petrol, or seeing them arrive late because of public transport delays? Do you want to reduce your company's carbon footprint and show your commitment to sustainability? Well, have no fear, because electric car salary sacrifice is here!

Launching an electric car salary sacrifice programme is a win-win for everyone involved. Employees get access to a brand new electric car at a reduced cost, thanks to the salary sacrifice scheme. This means they'll save money on petrol and maintenance, while also reducing their carbon emissions. Plus, they'll be able to show off their sleek new ride to all their jealous colleagues.

Meanwhile, the business benefits from a happier, more productive workforce, who arrive on time and feel valued by their employer. It'll also show that your business is doing its part to combat climate change and meet sustainability targets. And let's be honest, nothing says "cool, modern business" like a fleet of electric cars parked outside your office.

So don't delay - launch your electric car salary sacrifice programme today! Employees (and the planet) will thank you for it.

 

  • No personal credit check
  • Deduct your car payment before taxes
  • Maintenance and insurance included
  • Pay no NIC or Income tax on any of it
  • Save £1,000s a year in car costs
  • Help give climate change a kicking
Speak to our Salary Sacrifice team

We have advisors that specifically help employees understand Salary Sacrifice, how much they can save and how to share with other stakeholders.

Electric car salary sacrifice

Save BIG on your favourite models

Looking to save some dough, big time? Electric car salary sacrifice might just be the spark you need. By leasing an electric car through a salary sacrifice programme, you can cut the cost of driving and charge up your bank account. Not only do you avoid the pricey fuel fill-ups of traditional gas-guzzling cars (cough, cough, splutter), but you'll also benefit from lower maintenance costs and zero road tax. And let's not forget the cherry on top: you'll be doing your bit to help the planet for our kids (and their kids). So, say goodbye to the petrol pump and hello to savings and sustainability with electric car salary sacrifice.