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Salary Sacrifice

What is Salary Sacrifice?

Salary sacrifice schemes allow employers to offer an attractive and cost-effective benefit to their employees which is HMRC and VAT compliant.

The electric car salary sacrifice scheme allows employees the opportunity to drive a brand-new, fully insured and maintained electric car for significantly less than if they leased one privately.

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What is Salary Sacrifice?

Salary sacrifice schemes allow employers to offer an attractive and cost-effective benefit to their employees which is HMRC and VAT compliant.

The electric car salary sacrifice scheme allows employees the opportunity to drive a brand-new, fully insured and maintained electric car for significantly less than if they leased one privately.

The scheme works in the same way as other salary sacrifice incentives such as childcare or cycle-to-work and has been designed to help transition more company car drivers from conventional to electric cars. 

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