Hybrid Cars
on Salary Sacrifice
A Hybrid Car Salary Sacrifice Scheme allows employees to take a Plug-in Hybrid Car (PHEV) on a short-term or long-term contract by sacrificing a portion of salary, saving income tax (PAYE) and national insurance (NI) for the employee. For the employer you’re offering amazing staff benefit perks with no cost to the business. Benefits include:
- Free to Set-up!
- Cost Neutral
- HMRC Compliant
- Hit Carbon Targets
- Improve Green Credentials
Easy as 1, 2, 3...
Hybrid Car Salary Sacrifice Scheme
Hybrid's on SalSac
How does it work?
Utilising our Salary Sacrifice Scheme, you can access the latest premium hybrid cars on a short-term or long-term basis.
Hybrid cars aren’t as beneficial as taking an Electric Car on a Salary Sacrifice Scheme, but still offer savings when compared with leasing or subscribing to a similar vehicle.
Due to the Hybrid nature of the product, there will be some company car tax to pay, this amount differs depending on the vehicle chosen.
Electric Vehicles offer the higher benefits over other forms of fuel such as Diesel, Petrol or Plug-in Hybrids. As the Benefit-in-Kind (BIK) rates for EV’s are lower.
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 Hybrid's
Giving your employees access to the latest Hybrid 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 Hybrid Cars on Salary Sacrifice is a great way to hit Net Zero goals.
Hybrid Salary Sacrifice FAQ's
Is it beneficial to take a Hybrid car on a Salary Sacrifice Scheme?
Whilst it is still possible to have a Hybrid car on a Salary Sacrifice Scheme, the benefits aren’t as great as taking an Electric Car.
There are potential savings for everyone when compared with taking a similar vehicle on a car lease or a vehicle subscription. Including savings in Income Tax or National Insurance.
What are the differences in Hybrid models?
There are lots of different hybrid models available, but those of the Plug-in Hybrid Vehicles are the most beneficial on a Salary Sacrifice Scheme.
To find out more about the different types of Hybrids, please see the following article:
PHEV, BEV, MHEV or HEV – We explain the differences
Is it possible to take a Hybrid car on a Salary Sacrifice Scheme?
Yes, of course. It is possible to take a Hybrid and Plug-in Hybrid car on a Salary Sacrifice Scheme.
Not everyone is wanting to move to fully electric cars, this is understandable. There is nervousness with the UK Charging Infrastructure, new technology and more importantly, range anxiety.
