EV Salary Sacrifice
Discover Salary Sacrifice for Electric Vehicles
Helping to support your sustainability goals
Our EV Salary Sacrifice scheme lets employees pay for an electric car from their gross salary.
If you have more than 1,000 employees in your company, we can help you and your employees go electric.
Benefits to your business
- Enhance Environmental, Social and Governance (ESG) efforts
- Provide a great employee benefit, improving staff recruitment and retention
- Reduce your National Insurance Contributions (NIC)
Working with leading EV brands
From chic city cars to versatile family SUVs, LeasePlan works with all the leading electric vehicle manufacturers. It means that employees have a wide choice, and can find the right model to suit their needs.
Benefits to your employees
Your employees can drive a brand new EV, deducted from their gross salary (before tax and NI contributions are calculated) which can result in tax savings for both you and your employees. One fixed monthly payment includes rental, insurance, servicing, maintenance, breakdown and tyres. 100% electric vehicles have zero tailpipe emissions and are widely recognised as being better for the environment than their petrol and diesel counterparts, as they emit fewer greenhouse gases and pollutants.
Who we've done this for
- Speak to an expert
Complete the enquiry form, and one of our experts will be in touch
- Choose your EV scheme
Tailor your scheme to suit your organisation and employee needs
- Launch your scheme and help your employees go electric
We'll help you to launch, and promote the scheme to your employees, to drive awareness and take-up, and it doesn't stop there, we'll provide on-going support.
What is Salary Sacrifice and why offer it to your employees?
With the support of Deloitte we have put together a comprehensive guide on everything you need to know about Salary Sacrifice. Our whitepaper covers;
- Exploring company cars and salary sacrifice
- Whole life cost and salary sacrifice
- Case study on the financial benefits
- Practical considerations of introducing salary sacrifice
What is EV salary sacrifice?
A salary sacrifice scheme lets employees pay for an electric car each month from their gross salary - that's before tax and other contributions are deducted. It's the same as other salary sacrifice schemes, such as childcare, cycle to work schemes, or pension contributions.
The benefit in kind (BIK) tax on battery electric cars is 2% of the value of the car through to April 2025, then
3% for tax year 2025/26
4% for tax year 2026/27, and
5% for tax year 2027/28
Speak to the team today
Our EV Salary Sacrifice scheme lets employees pay for an electric car from their gross salary. If you have more than 1,000 employees in your company, we can help you and your employees go electric. We're ready to help take those next steps with you. Fill in your details below and we'll be in touch to help you navigate a changing world.
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Solutions for electric fleets
Short term business hire
Provides fast, flexible access to electric cars and vans from 3 months to 2 years. Select matching vehicles, change them when you want and extend contracts if you need, it's an easy way to keep new contractors and employees mobile
Daily Rentals
Our Daily Rental product suits business customers who require a hire vehicle from 1 to 28 days+
