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  2. Salary Sacrifice Car Scheme: What Is It & How Does It Work?
  3. Electric car salary sacrifice

Electric car salary sacrifice

  • ✓ Save between 30–60% on your electric vehicle
  • ✓ Reduce income tax and National Insurance contributions
  • ✓ Includes insurance, maintenance, and road tax
  • ✓ Environmentally friendly and lowers your carbon footprint
  • ✓ Fantastic employee benefit with no extra cost to businesses

I’m an Employee

I want to see how much I can
Save using The Electric Car Scheme.

  • ✓ Save Money
  • ✓ Tax Benefits
  • ✓ All-Inclusive Package
  • ✓ Go Green

I’m an Employer

Learn more about an electric car
salary sacrifice scheme.

  • ✓ Attract Top Talent
  • ✓ Cost-Neutral Scheme
  • ✓ Corporate Sustainability
  • ✓ Boost Employee Satisfaction

How Does the EV Salary Sacrifice Scheme Work?

Salary sacrifice is a simple way to make driving an electric car more affordable. By agreeing to give up a small part of your pre-tax salary, you can lease an electric car while saving on tax and National Insurance. Here's how it works:

  1. Choose Your Car
    Browse a range of electric cars and select the one that suits your lifestyle.

  2. Agree with Your Employer
    Your employer joins the scheme, and you agree to reduce your gross salary to cover the car's leasing cost.

  3. Pay Directly from Your Salary
    Lease payments are taken from your gross salary before tax, lowering your taxable income.

  4. Enjoy Tax Savings
    You save on income tax and National Insurance, making the cost of your car significantly cheaper.

Example:
If you earn £30,000 per year and lease an electric car for £300/month, your taxable salary is reduced, saving you hundreds annually.

Calculate My Savings Now

See How Much You Can Save!

Use our calculator to find out how much you can save by switching to an electric car through salary sacrifice.

EV Salary Sacrifice Calculator

EV Salary Sacrifice Calculator

Discover the Savings of Electric Vehicles with Salary Sacrifice

Why Choose The Electric Salary Sacrifice Scheme?

Significant Savings

Save 30-40% per month compared to traditional Personal Contract Hire rentals.

Zero Deposit

There is no deposit required with Salary Sacrifice. Payments start once you have taken delivery of your brand-new car.

No Employee Credit Checks

As the credit line is taken via the business, there are no individual credit checks needed for the employees.

Maintenance & Tyres Included

We include full service, maintenance & replacement tyres with all our Salary Sacrifice cars. Giving you full peace of mind.

Drive A Brand New Electric Car

We only supply brand-new electric cars, directly from one of our main dealerships.

Home EV Charging Point

The option to include a fully fitted home EV charging point as part of the Salary Sacrifice agreement.

Salary Sacrifice FAQs

Common Questions Answered About Salary Sacrifice

Salary sacrifice car leasing is a scheme in the UK where employees can give up a portion of their pre-tax salary in exchange for a leased vehicle, often at more favourable terms than if they were to lease independently.

Employees agree to sacrifice a portion of their gross salary before tax and National Insurance contributions to lease a car. The cost of the lease is deducted from their salary each month, resulting in potential tax and National Insurance savings.

Employees can enjoy tax savings, reduced National Insurance contributions, and the convenience of driving a new car without the need for a large upfront payment. Additionally, maintenance and insurance costs are often included in the lease.

Eligibility criteria can vary between employers, but typically, employees need to have a minimum level of earnings and may need to undergo a credit check. Employers may also have specific requirements regarding the type of roles eligible for the scheme.

Ready to Save? Get Your Salary Sacrifice Quote Now!

Get a tailored leasing quote in minutes and see how much you could save on your electric vehicle. Our experts will guide you through the next steps to make driving electric simple and affordable.