EV SALARY SACRIFICE FOR YOUR BUSINESS
THE ULTIMATE EMPLOYEE PERK
Salary sacrifice is an employee benefit that allows your employees to lease a brand-new electric vehicle (EV) or plug-in hybrid (PHEV) by giving up a portion of their salary.
With no set-up fees, our solution can potentially save your company and employees money.
FOR ANY SIZE BUSINESS
Salary Sacrifice offers both small and large businesses a simple, managed solution. With no set-up fees, our solution can potentially save your company and employees money.
Some Salary Sacrifice schemes require a minimum number of employees for a business to qualify - not at Select Lease by Mobilize.
HOW DOES SALARY SACRIFICE WORK?
An employee sacrifices a portion of their salary which is deducted from the employee's gross pay. It lowers the cost of leasing the car compared to traditional Personal Contract Hire (PCH) agreements.
The deduction is made before tax, so employees benefit from lower income tax and national insurance contributions** – making the lease more affordable.
EMPLOYER BENEFITS
NO SET UP COST TO YOUR BUSINESS
POTENTIAL VAT RECLAIM SAVINGS**
EMPLOYER NATIONAL INSURANCE SAVINGS**
AIDS RECRUITMENT AND RETENTION
MONTHLY PAYROLL REPORTS
EASY TO USE EMPLOYEE PORTAL
ENQUIRE NOW
WHY GO ELECTRIC?
By choosing an electric vehicle (EV), your team get a smoother switch from petrol or diesel. With lower running expenses and no tailpipe emissions, EVs maximize the benefits of salary sacrifice for your employees.
It’s a great way for employees to save up to 40%* compared to traditional vehicle personal lease agreements.
Jonathan Smith , General Manager
Select Lease by Mobilize
POWERED BY SALSAC
In partnership with Select Lease by Mobilize, SalSac ensures both competitive pricing and protection for both employers & employees.
SalSac provides software & administration solutions enabling your business to implement a vehicle salary sacrifice scheme for your employees including monthly payroll reports, in-life and end of contract support and complementary webinars for
employers & employees.
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Is your business already onboard with Salary Sacrifice? Get online to see what your employees could save today.
* Savings shown are based on a comparison between a Salary Sacrifice car lease arrangement and an equivalent personal lease agreement for the same vehicle. The estimated saving of up to 40% reflects potential reductions in Income Tax and National Insurance contributions available through Salary Sacrifice, as well as VAT efficiencies. Actual savings will vary depending on individual tax circumstances, employer scheme rules, and vehicle choice.
** Terms and conditions will apply. For more information you can also visit the gov.uk website