Salary Sacrifice Car Scheme
A Smarter, More Affordable Way to Drive
A salary sacrifice car scheme is a cost-effective way for employers to offer company cars to their staff – without increasing overall payroll costs. It’s a win-win solution that delivers savings and benefits for both the business and its employees.
Benefits for Employers
Cost-neutral for the business
Reduced National Insurance Contributions
Supports corporate social responsibility & sustainability goals
Offers a desirable staff benefit to help attract & retain top talent
No impact on your balance sheet it’s an operational lease
Optional early termination protection
Why Choose a Salary Sacrifice Scheme?
It’s a flexible, tax efficient solution that helps reduce carbon footprints, improve employee wellbeing, and support a more modern, inclusive benefits package.
With the rise of electric and low-emission vehicles, salary sacrifice has become an increasingly popular way to drive greener for less.
How Does It Work?
Under this scheme, employees agree to give up a portion of their gross salary in exchange for a fully maintained lease vehicle. Because the deduction is made before tax and National Insurance, both the employee and employer enjoy financial savings.
The vehicle is financed by the employer and leased to the employee, typically including insurance, servicing, maintenance, and breakdown cover all in one monthly cost.
Benefits for Employees
Affordable access to a brand-new car through tax and NI savings
Everything included insurance, maintenance, breakdown cover
No credit check required
Lower National Insurance contributions
Drive a cleaner, more efficient vehicle with potential Benefit-in-Kind savings, especially for electric cars
