Salary Sacrifice Information
Welcome to our information hub for getting the most out of our salary sacrifice car scheme. Whether you are an employer looking for the benefits of the scheme or an employee wondering how it affects your tax, our information is designed to get you started.
Geting Started
Opting for a salary sacrifice scheme to lease a brand new electric vehicle though Britannia Car Leasing is a great way to save money whilst driving a brand-new eco friendly car.
Salary Sacrifice Employer Benefits
As an employer, it is important to know the benefits to a salary sacrifice car scheme. It is easy to sign up and unlock fantastic benefits such as tax savings, employee retention, and more.
Salary Sacrifice 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.
Tax and National Insurance Benefits
Our salary sacrifice electric car scheme provides a tax-efficient way for employees to access new electric vehicles while enjoying significant savings on both income tax and National Insurance.
Benefit-in-Kind for Company Cars
Benefit-in-Kind (BIK) is a tax on employees who receive perks or benefits from their employer in addition to their salary. When it comes to company cars, BIK tax applies if the car is used for private purposes, including commuting.
Employee Eligibility
Salary sacrifice isn't eligible to all employees. There are a number of steps that need to be followed including your employer being signed up firstly.