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Maximise savings with Salary Sacrifice

An electric vehicle can maximize the savings for your drivers using a salary sacrifice scheme

Salary sacrifice also makes electric vehicles more accessible

Our salary sacrifice scheme is a fantastic way for your drivers to pay through their salary for a fully funded brand new vehicle. It is ideal for those not eligible for a company car or wanting a second car for a partner.

Are EVs right for salary sacrifice schemes?

Yes! Benefit in Kind (BIK) tax is payable on salary sacrifice vehicles, so a low emission vehicle results in a lower monthly payment and maximum driver savings.

Lower emission vehicles also result in less Class 1a National Insurance Contributions for the employer, as well as providing a great way to attract and retain staff.

EV list prices can be higher than their combustion engine equivalents, so utilising gross salary to pay for an EV is more accessible than buying outright.

As an employer, you can also support the scheme by installing workplace chargers. There has never been a better time to transition to electric vehicles for your salary sacrifice drivers.

Get in touch!

Salary sacrifice also offers employees access to Ogilvie Fleet’s EV knowledge bank covering range, best practice, charge point installation, subscription service and more among the minefield of information available.