Salary Sacrifice Scheme
for Employers
Cost-Neutral to the business and managed by our team
- Free to Set-up!
- Cost Neutral
- HMRC Compliant
- Hit Carbon Targets
- Improve Green Credentials
Easy as 1, 2, 3...
Flexible Salary Sacrifice Scheme
Salary Sacrifice for Employers
How does it work?
We are partnered with EZOO to provide Salary Sacrifice Scheme for businesses. Utilising our flexible car subscription fleet, we offer a range of electric (and Plug-in Hybrid) premium vehicle options. The main advantage to you as the employer is that you’re able to offer this amazing employee perk at no cost to yourself and no hassle.
By offering our Salary Sacrifice scheme to your employees, you are able to offer a fantastic benefit. It allows them to access premium electric cars for up to 60% less, paid through their gross salary, saving on income tax, National Insurance and Benefit-in-Kind. The process is completely hassle-free and HMRC-compliant.
Salary Sacrifice Schemes can benefit both employer and employee, including benefits including:
- Free sign-up to Businesses
- Flexible and Short Term Schemes Available
- Our packages include: insurance, servicing, breakdown assistance, ULEZ and Congestion Charge Zones (EV's Only).
- Helps reduce your carbon emissions, demonstrates corporate responsibility and alleviates grey fleet issues
Are you ready to offer this fantastic perk to your employees?
Manufacturers We Generally Stock
How can you set-up a Salary Sacrifice Scheme for your business?
Sign Up Today
Sign up to our salary sacrifice scheme with no set-up costs to you.
Launch
Launch your new salary sacrifice scheme to your employees
Fully Managed
We offer a fully managed onboarding solution, we'll take care of everything
Supported Throughout
Need help, we're just a phone call or email away, providing you the best support
What are the benefits for Salary Sacrifice for your employees?
Low Cost Premium EV's
Giving your employees access to the latest Electric Vehicles saving £££'s vs. car leasing
Complete Flexibility
We offer both flexible and short-term contracts as well as our usual 2, 3 & 4 year deals.
Complete Coverage
Fully Comprehensive Car Insurance available for your employees.
Servicing/Maintenance
All vehicles come with maintenance for routine servicing for peace of mind.
Breakdown Assistance
24/7 Breakdown cover included with the cost, should something go wrong.
Tax & Congestion Charges
Offering Electric Vehicles (EV) on Salary Sacrifice is a great way to hit Net Zero goals.
Employer Salary Sacrifice FAQ's
Will my business need a credit check?
Yes, your company will need to apply for a credit line as a business. Multiple checks may be required depending on the type of scheme you would like to offer.
If the company cannot get a credit line, we may be able to offer a solution using our Car Subscription Scheme
How many employees can take out a vehicle?
There is currently no limit to the number of employees who can take out a Salary Sacrifice scheme through your business. So long as all employees are eligible an meet the minimum requirements.
How much does it cost to set-up a Salary Sacrifice Scheme?
There is no cost to your business to set-up a salary sacrifice scheme or use one. The only payments will come from your employees’ salaries.
Is the company liable for any damages on the vehicles?
No, the employee must pay for any damages to the vehicle, which fall outside of the fair, wear and tear guides at the end of the vehicle lease or when the vehicle is returned.
We've already got a Salary Sacrifice Scheme, can I use this one also?
Yes, you can use multiple Salary Sacrifice Providers to help with your employee perks. Unless you have an exclusivity deal, it is always good to have multiple providers especially those like ourselves who offer flexible and short-term contracts for Salary Sacrifice programs.
What happens if the member of staff leaves?
Depending on the vehicle and contract type, your employee may be liable for early termination charges if they resign during the initial contract period which is NOT covered by the risk protection.
If outside of the agreement, all the employee needs to do is return the vehicle.
What happens with speeding tickets and other penalties?
The employee is responsible for any fines (including parking tickets, bus lane fines, etc), penalties (including speed tickets and other enforcements and any additional charges (such as congestion zone or toll charges, administration fees) that arise from the use of the vehicle. This will be taken directly from the employees salary.
What happens at the end of the salary sacrifice agreement?
At the end of the agreement period, the vehicle is returned and a new agreement can be taken out.
Does it affect the employee's entitlement to statutory payments?
Yes, as a Salary Sacrifice scheme reduces gross pay, it can affect entitlements to benefits such as pension contributions, statutory maternity pay and life cover. It is important that all aspects are looked into before offering such schemes to your employees.
Can we limit who is elgible for the scheme?
Yes, employers can set eligibility criteria. These can include:
- Minimum Length of Service
- Salary Thresholds
- Contract Type
- Vehicle Type
Do we have to manage vehicle maintenance/insurance?
No, the servicing, maintenance and insurance is fully managed for you. It is the driers responsibility to ensure that all servicing is carried out in accordance with the manufacturers’ guidelines.
How long does it take to set-up?
The salary sacrifice scheme can take between 3-6 weeks to set-up, depending on the complexities of your business and employment contracts. Our team will keep in contact with you from start to finish.
