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.

elmo Car Subscription Review: Pros, Cons & Features

Instead of buying or leasing a car, elmo presents a unique proposition: unlock the benefits of an electric car with a monthly subscription. The EV subscription approach comes with no initial deposit, offers flexible contracts, and provides an all-inclusive package for an easy EV experience! elmo offers 100% electric cars, … Read more

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: Administration Update

Onto Car Subscription Service Enters Administration In a significant development in the UK’s EV subscription market, Onto has recently entered administration. This move comes as a response to the considerable decrease in used EV values, a challenge that has impacted the industry in recent times. Established in 2017, Onto experienced … 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

Salary Sacrifice Car Scheme Pros and Cons

EV Salary sacrifice car 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. In this article, we delve into the pros and cons … Read more

The Best UK EV Salary Sacrifice Car Schemes 2024

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

The Electric Company Car Guide

Electric company cars are steadily becoming a popular company car choice for UK businesses, it’s no surprise given the current salary sacrifice incentives and 2% BIK rate in the UK. In this guide to electric company cars, we review the benefits, practicalities, and tax strategies of adopting electric company cars. … Read more

Electric Car Guide logo

Supercharge Your EV Knowledge

Editorial Independence

icon of a rosette with a tick in the middle, symbolising trust

Our articles are written independently.
Products are reviewed objectively and rated
without influence from advertisers.

Expert Opinions

icon of a team of people with a light bulb above their heads, indicating they are thinking as a team

We keep up to date with the world of EVs.
We continually revise our articles as technology changes.

Accurate Information

Icon of a head with an arrow pointing up

Electric Car Guide is committed to a
thorough fact-checking process.
Our Editorial Guidelines explain how we achieve this.