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  2. Salary Sacrifice Car Scheme
  3. Employee Benefits

Employee Benefits

Save up to 40% on a brand new electric car and gain access to benefits as an employee when your company signs up to our salary sacrifice scheme.

Implementing a salary sacrifice car scheme offers a range of compelling benefits for employers. By reducing employees’ gross salaries, companies can achieve significant savings on National Insurance Contributions (NICs), enhancing financial efficiency.

Additionally, such schemes can boost employee retention and attraction by providing a valuable perk that differentiates the company from competitors. Promoting the use of electric or hybrid vehicles through the scheme also supports corporate sustainability goals, improving the company’s environmental impact and public image.

Furthermore, partnering with third-party providers simplifies administration, ensuring compliance and reducing the burden on HR departments. Overall, a salary sacrifice car scheme can enhance financial performance, employee satisfaction, and corporate responsibility.

Tax Savings:

    • Reduced Income Tax: Lower taxable income due to the salary sacrifice, leading to potential savings on income tax.
    • National Insurance Savings: Reduced National Insurance contributions, increasing overall take-home pay.

Cost Efficiency:

    • Lower Car Costs: Access to cars at a lower cost compared to personal leasing or purchasing.
    • Inclusive Packages: Comprehensive packages often include optional maintenance, servicing, and insurance, reducing out-of-pocket expenses.

Access to New Vehicles:

    • Wide Selection: A variety of new cars to choose from, including the latest models and eco-friendly options including access to the latest electric cars.
    • Regular Upgrades: Opportunity to upgrade to a new car every few years, ensuring access to the latest technology and safety features without having to worry about the resale value at the end of the contract.

Convenience:

    • Hassle-Free Maintenance: We can quote you packages to include optional maintenance and servicing, saving time and effort.

Environmental Benefits:

    • Eco-Friendly Options: Access to brand new electric vehicles, contributing to reduced carbon emissions and a smaller environmental footprint.
    • Fuel Efficiency: As EV technology improves, you will always have access to the latest battery technology and improved charging times as you can upgrade your car every few years.

Financial Planning:

    • Fixed Monthly Payments: Predictable monthly payments make budgeting easier.
    • No Large Upfront Costs: Avoidance of large upfront payments typically required when purchasing a car outright.

Enhanced Employee Benefits Package:

    • Attractive Perk: Adds value to the overall employee benefits package, making the workplace more attractive.
    • Employee Satisfaction: Contributes to higher employee satisfaction and retention by offering valuable and practical benefits.

Flexibility:

    • Choice of Contract Length: Flexibility in choosing the length of the car lease contract to suit personal needs.

Refer Your Employer

Fill out the form below and our team will be in touch to help get you and your employer started with a salary sacrifice scheme.