Salary Sacrifice Car Scheme

A salary sacrifice car scheme lets an employee reduce their gross (pre-tax) pay in exchange for the use of a vehicle. Because the deduction happens before tax and National Insurance (NI), employees usually make big saving (up to 60% for EVs) versus a like-for-like personal lease. The car is treated as a Benefit-in-Kind (BiK) for company car tax; Battery Electric Vehicles attract the lowest BiK rates, with Plug-In Hybrids typically higher and rising faster after April 2028.

HMRC: Salary sacrifice car schemes: A guide for employers

How does it work?

Your business partners with a provider (i) to offer eligible cars via payroll.

Employee chooses a car: The gross deduction covers the lease and bundled services.

Package typically includes maintenance, insurance, breakdown and road tax, so most running costs are fixed.

Payroll & compliance: Deductions are taken before tax/NI. Ensure pay never drops below National Minimum Wage and that a contract variation is in place.

(i): Octopus EV, The Electric Car Scheme, Fleet Alliance, Loveelectric or SalSac

Benefits of salary sacrifice car scheme:

  • Reduced employer NI Contributions (savings of 13.8% per employee)
  • A greener corporate image – supports ESG goals
  • Higher employee retention & satisfaction – offering a valuable perk
  • Attracting new talent – many employees now prefer workplaces with sustainable benefits
  • Corporate Social Responsibility benefits – contributing to lower carbon emissions

Case study: Scottish Power

Cars have collectively reduced carbon emissions by an estimated around 1000 tonnes a year.

The company offers bookable EV charging points at its offices and can support employees with deals on home EV charging installations.