UK’s Best Salary Sacrifice Scheme For Employees
We make it easy for employees to unlock government tax incentives and save 30-60% on any electric car.
What Is A Salary Sacrifice Scheme?
Salary sacrifice allows you to save between 30-60% on any electric car of your choice. You simply agree to have a portion of your pre-tax salary deducted each month to cover the car cost. Choose the car you want, add on any extras, and drive away saving thousands of pounds.
Life can be unpredictable, which is why you are protected from exit fees should you leave your employer. Whether it's due to resignation, redundancy, parental leave, sickness, or worse, you have protection should the unexpected happen.
It’s very similar to the Cycle to Work scheme - for electric cars!
How Does Salary Sacrifice Work For Employees
Your employer leases an electric car
Serving thousands of customers and rated “Excellent – 5 stars” on Trustpilot, you can rest assured that you are in good hands.
Employees get the car (as a benefit) in exchange for salary
The employer agrees to provide the car in exchange for the employee looking after the car and sacrificing gross salary to pay for it.
Sacrificed salary is not taxable, saving thousands of pounds
The employee saves 30-60% on the cost of any electric car by paying from salary before tax.
What’s Included With Our
Salary Sacrifice Scheme?
Simplify the electric car experience - it’s easy to add everything you need into one bundle. You can get the full tax savings on maintenance, breakdown cover, comprehensive car insurance, and a home charge point - keeping your net zero journey hassle-free.
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Substantial Tax Savings
Salary sacrifice allows you to save between 30-60% on any electric car of your choice.
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Best Prices Available
Our access to the top leasing companies means you can access the best prices available.
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All-Inclusive Offering
Maintenance, Servicing, MOT, breakdown cover and tyre replacements as standard.
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Insurance
Bundle in top rated fully comprehensive car insurance (optional).
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Home Charging
If you are interested in installing a home charger, this can be included with the car - making the switch even easier.
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No Surprises
Life can be unpredictable, which is why you are protected from exit fees should you leave your employer.
Drive The Latest Electric Cars, For Less.
Our access to the top leasing companies means you can access the best prices available. You can be confident you achieve the full 30-60% tax savings on the cost of the car through salary sacrifice.
Example Payslip With And Without A Salary Sacrifice Car
Below is an example payslip with and without a salary sacrificed leased car. This is for reference only & is designed to help you understand the figures, ultimately, helping you to decide whether or not to lease a car via a salary sacrifice.
In this example, your estimated salary reduction will be £351 per month. This amount represents the difference between your Net Take Home Pay with and without a salary-sacrificed lease car. In this case: £1710.00 - £1359.00 = £351.00.
What Are The Benefits Of Driving Electric?
Better For The Environment
Throughout their lifespan, electric cars emit less greenhouse gases and air pollutants compared to petrol or diesel cars. One electric car can save an average of 1.5 million grams of CO2. As a certified B Corp, The Electric Car Scheme is committed to make net zero the obvious choice.
No Congestion Charges
Good news for the owners of electric cars, you’re exempt from paying the London and other cities Congestion Charges. Electric cars are eligible for a 100% discount, all you have to do is apply for a Cleaner Vehicle Discount.
Lower Running Costs
Charging an electric car costs much less than filling up a petrol or diesel car. You can save even more by using special EV tariffs to recharge, which lets you charge at times when electricity costs less. Plus, you'll spend less on maintenance, like repairs and servicing, and you'll pay lower vehicle road taxes.
What Our Drivers Say About Us
Latest Articles From Our Blog
Check out our blog for all the info you need about electric cars! We cover everything, from the latest models to what it's like to live with an electric car and the perks of owning one. Whether you're a pro electric car owner or just curious, our blog is the go-to place for learning about the tech, how electric cars function, and the various models out there. Dive in and discover the world of electric cars with us!
Ready To Switch To Electric?
Convince Your Company
We’ll do the hard work for you. Put us in touch with your employer and we’ll get you on the road to saving 30-60% on your electric car.
Calculate Your Savings
Salary sacrifice allows you to save between 30-60% on any electric car of your choice. Now is the time to start your personal journey to Net Zero.
Frequently Asked Questions
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Switching to an electric car through our salary sacrifice scheme can lead to significant savings for employees. Here's how it works: instead of paying for the electric car from your net monthly salary (after taxes), the payments are deducted directly from your gross pay. This reduces your monthly salary, resulting in lower income tax and national insurance payments. Additionally, employers' National Insurance payments are also reduced.
Essentially, money that would typically be sent straight to HMRC is redirected to cover your electric car payments. This approach proves more cost-effective compared to leasing a car with post-tax income, making our salary sacrifice scheme an economical choice for acquiring an electric vehicle.
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No need to make any upfront payments for your electric vehicle (EV)! With The Electric Car Scheme, employees start paying an agreed-upon monthly amount directly from their salary. The payments kick in once the EV is parked in their driveway.
So, there's no initial cost burden, and the process is straightforward—just convenient monthly payments while enjoying the benefits of your EV.
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Most employees don’t choose to buy their car at the end of their agreement - normally we switch them into a new car at this point. However it's an option if they'd like to buy it outright, this would be at the car’s current retail value - simply speak to an EV Specialist to learn more about your options here.
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If your company hasn't joined The Electric Car Scheme yet, we suggest having your HR Director or Benefits person schedule a call with one of our Salary Sacrifice Product Specialists here. They can guide them through the process and explain how it works. Once the scheme is set up, employees can easily order their desired electric car.
Another option is for employees to connect us with their employers through our Convince Your Company page, and we'll handle the groundwork. We're here to simplify the process and make it easy for everyone involved.
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