Salary Sacrifice
Employee benefits
Lease a Car before you pay Tax & Save Thousands of Pounds
With Salary Sacrifice you can lease an electric car or a combustion car with funds removed from your salary before Income Tax and National Insurance are paid. This means that your salary appears smaller and you effectively save money by paying less tax. This is a government lead scheme and therefore completely legal in the UK.
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One Easy to Budget Salary Deduction
One set monthly salary deduction includes Significant savings compared to retail alternatives, vehicle servicing, maintenance and repair, Tyre replacement due to wear & tear, Roadside assistance in the event of a breakdown and Road Tax.
Lease a Brand New Vehicle
All cars leased through SalSac are brand-new vehicles giving you access to new electric cars and new technologies at competitive prices.
No Deposit or Employee Credit Check
When you lease a car through a salary sacrifice, the car is leased by your employer with no initial deposit required and no credit checks. Your first payment is deducted from your salary after vehicle delivery.
No Company Car Tax
When leasing through a salary sacrifice the car is classed by HMRC as a benefit rather than as a “company car". Consequently only Benefit in Kind (BIK) is payable by the employee rather than the vehicle being subject to company car tax rules. BIK rates on an electric car for 2022/2023 are 2% & should be held at this rate for a further two years until 2025.