EV Salary Sacrifice Hub

Welcome to our EV Salary Sacrifice Information Hub
Your one-stop resource for unlocking salary sacrifice tax savings

Terminating a Salary Sacrifice Scheme Early?

The best salary sacrifice schemes let employees lease an electric vehicle while enjoying tax rewards. Yet, unexpected life shifts might call for an early termination. Our guide to early termination outlines key considerations and potential outcomes if you need to exit your EV salary sacrifice early.

SalSac Salary Sacrifice Review: Pros, Cons & Features

SalSac has established itself as one of the UK’s leading salary sacrifice lease car providers, specialising in bespoke Electric Car Salary Sacrifice Schemes for businesses.  SalSac uses an automated software system that quickly generates comprehensive customer quotations, via their network of 18 partner brokers. SalSac provides a full-service, easy-to-implement solution, … Read more

Loveelectric Salary Sacrifice Review: Pros, Cons & Features

Loveelectic specialises in a salary sacrifice scheme that businesses can join at no cost while Loveelectric handles the administration. Employees benefit from partnering with the UK’s largest car leasing companies, enabling them to choose from a vast range of EVs at competitive prices. With Loveelectric, staff can also benefit through … Read more

Onto Car Subscription Review: Pros, Cons & Features

Onto is a UK-based EV subscription service that offers an all-inclusive package, providing customers with easy access to an EV without the need to buy or lease an electric car. Important Update Regarding Onto: In July 2023 news reports suggest that Onto faces administration. We strongly encourage you to conduct … Read more

Tesla Salary Sacrifice Examples

This guide provides detailed examples of how a salary sacrifice scheme might work on four of Tesla’s popular models: the Model 3, Model Y, Model S, and Model X. The figures used in these examples are approximate guides to give an understanding of how such a scheme works.  They are … Read more

Terminating an EV Salary Sacrifice Scheme Early

Salary sacrifice schemes allow employees to lease or subscribe to an electric car through their salary, with the advantage of potential tax savings. However, circumstances change, and there may be instances where terminating the salary sacrifice agreement for an EV becomes a necessity. Let’s explore the key considerations, potential implications, … Read more

The Pros and Cons of EV Salary Sacrifice Schemes

EV Salary sacrifice schemes come with a range of pros and cons for UK businesses and employees that use them. These schemes allow employees to lease or subscribe to electric vehicles through their salary, offering unique advantages and disadvantages. Even the best electric car salary sacrifice schemes will come with … Read more

The Best EV Salary Sacrifice Schemes November 2023

The best EV salary sacrifice schemes provide a win-win tax solution for both employers and employees. Through this arrangement, an employee agrees to sacrifice a portion of their salary in exchange for the non-cash benefit of driving an electric car. Our best EV salary sacrifice schemes in 2023 were selected … Read more

The Electric Company Car Guide

Electric Cars are steadily becoming a popular company car choice for UK businesses, it’s no surprise given the favourable tax incentives and environmental benefits. In this comprehensive guide to electric company cars, we delve into various aspects of adopting electric company cars in the UK. We review the tax benefits … Read more

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