What is Salary Sacrifice?

Salary Sacrifice for electric vehicles

Salary Sacrifice for electric vehicles is an innovative scheme that allows employees to lease an EV through their employer in exchange for a reduction in their gross salary. This arrangement benefits employees and employers by offering cost savings and tax advantages.

Employees can drive a brand-new, eco-friendly car at a lower cost through considerable savings on Income Tax and National Insurance, as salary reductions happen before these deductions. Employers can also save on National Insurance contributions and boost employee satisfaction while supporting corporate sustainability goals.

We've partnered with leading Salary Sacrifice experts CarReward to offer a fully customisable, easy to set-up Salary Sacrifice scheme, with full administrative help at no cost to the business whilst giving your employees access to the best EVs.