Electric Car Salary Sacrifice

Reduce your national insurance contributions as well as recovering the VAT on the rental & maintenance.

Opting for an EV salary sacrifice scheme will reduce your carbon footprint.

A salary sacrifice scheme allows your staff to switch to an EV at a fraction of the cost.

By offering an EV salary sacrifice scheme, you'll have a great perk that'll help you recruit new talent and keep your existing staff happy.

Help the people in your company who drive personal cars for business use switch to a well-maintained EV.

Unlike some finance deals, there’s no large deposit or down payment required before you start driving.

You don’t have to worry about residual values or having to sell the vehicle when you want to change.

Costs will be deducted from your pre-taxed salary. Meaning your taxable income is reduced.

Road tax, insurance and maintenance including tyres and windscreen damage are all included within your monthly payments.

As the lease is managed through your company, there’s no impact on your credit rating.

Most employers can set up a scheme easily via a standard amendment to an employee's contract. To join the scheme, employees typically just need to have passed their probation period, be on a permanent full-time contract, and hold a valid UK driving licence.

A car allowance simply adds a cash lump sum to your salary, which is fully hit by Income Tax and National Insurance before you use it to run a vehicle. Salary sacrifice allows you to exchange a portion of your pre-tax income to cover the car and all its running costs, dropping your taxable income and slashing your tax bill.

Setting up and launching the scheme is 100% free and cost-neutral for your business, and it can even lower your overall employer National Insurance liability. For employees, using pre-tax income unlocks massive lifestyle savings of up to 60% compared to standard personal leasing or PCP finance.

Carwow Leasey deletes your car admin by rolling a massive selection of the latest brand-new and nearly-new electric cars into one simple, all-inclusive monthly deduction from your pre-tax paycheck. Your hassle-free monthly package covers the lease, routine servicing, tyre replacements, road tax, breakdown assistance, and comprehensive digital insurance. Employees can even easily bolt on tax-free public charging credits or home wallbox discounts.