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Electrify your employee benefits with EV salary sacrifice from ElectriX
Want to attract and retain the best people for your business ? It ’ s time to electrify your employee benefits with an electric vehicle salary sacrifice scheme .
Powered by LV = General Insurance , ElectriX offers a truly flexible electric car salary sacrifice scheme shaped around your business . You can reward your team with up to 40 % off a brand-new electric car , while you take advantage of savings on tax and National Insurance .
As an employer , you ’ re probably familiar with salary sacrifice schemes . You might already have one in place for medical care or gym membership . They ’ re popular perks with employees and are proven to help attract and retain staff . Your employees voluntarily give up a portion of their salary in return for a benefit . EV Salary Sacrifice works in exactly the same way .
As far as your staff are concerned , it ’ s an employee benefit and they ’ re leasing the car from you . The lease fee is deducted at source from the employee ’ s gross salary , which means they pay less tax overall . Importantly , deductions mustn ’ t bring the employee ’ s salary below the National Minimum Wage . If they leave the company , they simply hand the car back to you , with certain conditions attached .
As an employer , you can save 13.8 % on National Insurance on the amount sacrificed by the employee . You can lease as many cars as you need and of course , hiring a fleet of electric vehicles will have a positive impact on your company ’ s sustainability profile .
We provide an all-inclusive package – electric car with optional charger and cover . Through lease specialists CBVC we offer over 100 electric car models from more than 30 manufacturers – many available within just 30 days . We partner with Indra to provide smart home chargers to energise every journey . And we provide bespoke insurance for peace of mind .
With our tailored approach to risk , we can also safeguard your business with a flexible range of protection options should employees leave .
What are the benefits of electric car salary sacrifice ?
• No upfront costs to you or your employees .
• Your team can lease a brand-new electric vehicle for up to 40 % less .
• Flexible range of protection options should employees leave .
• 2 % Benefit-in-Kind tax until 2025 ( compared to up to 37 % for some diesel cars ).
• Save 13.8 % National Insurance on the amount sacrificed by your employee .
• Lease as many cars as you need , benefitting your company ’ s sustainability profile .
• Minimal admin , scheme shaped around your needs .
What ’ s included in the ElectriX package ?
• Get an all-inclusive package – car + optional charger + cover .
• Over 100 electric car models from more than 30 manufacturers – many available within just 30 days .
• Optional Indra home chargers to energise every journey .
• Bespoke insurance for peace of mind .
• Maintenance package for the duration of the agreement .
Scan the QR code to see how electric car salary sacrifice from ElectriX can work wonders for your business .
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