With an electric car salary sacrifice scheme, there’s no environmental guilt in offering a comprehensive vehicle leasing package to employees. With reduced emissions, limited Benefit-in-Kind payments and a greener overall offering, now may be the time to switch to electric.
Our electric salary sacrifice scheme works in an almost identical manner to traditional salary sacrifice vehicle schemes, meaning the same level of convenience, but with even better savings.
What are the benefits of our EV salary sacrifice scheme?
Attract and Retain the Best Talent
Benefits such as vehicle salary sacrifice schemes are proven to help you attract and retain individuals that can drive business growth.
Reach your Sustainability Targets
With a variety of no emissions vehicles available, your business can help in building a greener future.
Potential Savings
Depending on the vehicles your employees choose, your business could benefit from National Insurance savings.
Enhanced Protection
Our EV salary sacrifice car scheme offers additional layers of protection to ensure your business doesn't lose out as a result of resignation.
How much could you save?
Thinking about making the switch? See how much you could save by opting for an all-electric vehicle compared to its nearest traditionally-powered equivalent.
*Example is for illustrative purposes only, Peugeot e-208 and Peugeot 208, 36-month agreement. Effective savings are calculated using Income Tax and National Insurance savings.
| Peugeot 208 | |
|---|---|
| Payment (Monthly) | Amount |
| Basic Pay | +£3,333.00 |
| Income Tax | -£349.58 |
| National Insurance | -£140.00 |
| Salary Sacrificed | -£537.48 |
| Benefit in Kind (BiK) | -£116.00 |
| Net Pay | £2,189.94 |
| Peugeot e-208 | |
|---|---|
| Payment (Monthly) | Amount |
| Basic Pay | +£3,333.00 |
| Income Tax | -£345.00 |
| National Insurance | -£138.00 |
| Salary Sacrificed | -£560.96 |
| Benefit in Kind (BiK) | -£10.48 |
| Net Pay | £2,278.56 |
| Effective Savings (Monthly) | £112.10 |
Helping you meet sustainability targets
At Pendragon Vehicle Management, we have years of experience in dealing with complex business requirements and are ready to assist in offering a vehicle salary sacrifice scheme to employees that’s friendlier to the environment.
Working with our diverse range of clients, we’re proud to play a part in improving company culture and business success across the United Kingdom, all while building towards a greener future.
Ready to go electric?
Reduce costs, empower employees, and go green with our electric car salary sacrifice scheme.
Contact Us
Frequently Asked Questions
The exact savings will depend on your salary band and tax bracket, but you can expect to save considerably compared to a traditional car lease or purchase. This is because you're paying tax on a lower salary amount.
We offer a wide variety of electric vehicles to choose from, including hatchbacks, SUVs, and even luxury models. Contact us to browse the latest electric car models and find the perfect fit for your needs and lifestyle.
There may be a minimum salary requirement to participate in the scheme. Contact your company's HR department for more details.
There is typically no upfront cost to the employer for the scheme itself. However, you may want to consider any potential administration costs associated with the scheme.
Contact us today, and we'll be happy to discuss your options and help you get started with offering an electric car salary sacrifice scheme to your employees.
