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Make huge savings on the latest electric cars through your employer

By signing up to a salary sacrifice scheme, you ‘sacrifice’ a portion of your salary to cover the net cost of an electric car lease. 

You can drive away in a brand-new EV for a fraction of the cost when compared to retail prices. 

Not only do you save money on the car, but by forgoing a portion of your salary, you make further savings by paying less in National Insurance Contributions (NICs).

You just need to cover the additional Benefit in Kind tax, which is currently set at 2% of a vehicle's value and could be as little as £10 p/m for some electric cars!

What is a salary sacrifice scheme?

Salary sacrifice schemes are an employee perk that your workplace can offer to help you make sizeable savings on your monthly car payments.

It is a fantastic method of offering a valuable and worthwhile employee perk, at no additional cost to the business.

Not only does it offer you, the employee, the chance to make huge savings on your next car lease, but they can make savings on their NICs too.

Why should you electrify your fleet?

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Pay less in NICs

You pay less tax and National Insurance on your total earnings as you have forgone a portion of your salary

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Access to the latest EVs

Through our salary sacrifice scheme, you can compare prices on some of the latest and best electric cars on the road, that are available at discounted rates exclusively for you

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Maintenance and insurance costs included

Driving away in a new car has never been so easy. Join our salary sacrifice scheme and you get maintenance, breakdown cover, tyre replacement and comprehensive insurance all thrown into your combined monthly costs!

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Reduced running costs

By choosing an electric car lease, you will make further savings with reduced running and maintenance costs, as well as lowering your carbon footprint

Like what you see? Here's what comes next!

If your employer doesn't already have a salary sacrifice scheme in place it isn't your job to talk them around. We can provide a host of materials through our onboarding pack that will do all the talking for you. The same counts if your team want to switch providers to us - and with more stock, platinum rated service and unique savings, we don't blame you!

Anyone in your business can use our salary sacrifice calculator, which is supported by live leasing rates, to illustrate the real-life savings of a salary sacrifice scheme. It'll also break down every element so you can understand the facts and figures.

There are millions of rates supporting this tool, but here are three representative examples:

Salary sacrifice FAQ's

Does it cost to join the Corparison salary sacrifice scheme?
You can offer the salary sacrifice scheme to your staff at no additional cost to your business. We’ll introduce your team to our offers and the payments come directly from their salary.
Is salary sacrifice only available on EVs?
Salary sacrifice is best utilised on zero-emission vehicles due to their favourable Benefit in Kind tax rates. Benefit in Kind rates are capped at 2% until 2025, which is how your employees will make their savings.
Who is eligible for salary sacrifice?
Your employee must hold a valid UK driving licence, be aged 18 or over and have passed any probation periods outlined in their contract. They must be on a permanent contract with your business or be paid via PAYE. They will not be eligible if their chosen car takes their salary below the minimum wage.
Does my business need to manage the admin?
There's no additional workload required from your business. Once you're signed up, we'll take care of the rest. We'll work with you to create a policy that's suitable for your employees and they'll be given access to their designated portal. Here they can browse, compare and order vehicles just as they would if they were leasing a personal vehicle.
How can my business join the Corparison salary sacrifice scheme?
Get in contact with a member of our team today to find out how easily we can implement a salary sacrifice scheme for your employees. We’ll need to find out a few more basic details about your business and that’s it – the salary sacrifice scheme comes at no additional cost.

Make huge savings on electric car lease deals with salary sacrifice