What is Salary Sacrifice?

Salary sacrifice is a government backed scheme designed to help employers and their workers save on tax. An employee agrees, with their employer, to give up part of their salary in exchange for non-cash benefits, in this case for Electric Cars!

This means that the employee's gross salary is reduced by the amount they sacrifice. The result is lower National Insurance contributions (NICs) for both the employee and employer.

Salary Sacrifice is a fantastic way for employers to offer an attraction and retention tool for their employees, that is extremely cost effective for both the business and their staff.  Savings for the employee range between 30% and 60% vs sourcing a car privately.

Getting started with the scheme is simple - all you need to do is fill out the form below and we will be in touch with you. Unlike many "off- the shelf" schemes, we offer full consultancy on setting up a bespoke scheme to meet your business's requirements! 

Read about the many benefits to both the Employer and Employee here