Salary Sacrifice for Employees
What you get with our Salary Sacrifice scheme
Unbeatable Salary Sacrifice prices
Don’t settle for just 1 finance provider with no competition like other salary sacrifice companies.
Hybrid and electric cars
Most schemes are electric-only, but we give you more choice.
Regular monthly payments
Know exactly what is coming off your pay with consistent monthly payments.
No “accelerated payments” with our scheme.
What you get with our Salary Sacrifice scheme
Unbeatable Salary Sacrifice prices
Don’t settle for just 1 finance provider with no competition like other salary sacrifice companies.
Hybrid and electric cars
Most schemes are electric-only, but we give you more choice.
Regular monthly payments
No “accelerated payments” with our scheme.
Why get a salary sacrifice car?
Save a fortune on income tax and NI
This is how you can make a big saving on your car payments.
It works for 20% tax payers and even better for 40 and 45% tax payers.
Access hybrid & electric cars
Make your salary sacrifice scheme more valuable by offering both, instead of just electric like most salary sacrifice schemes.
Pay for your car insurance before tax too
This can make a big difference to the overall cost of your car.
Reduce the total cost of your car even further by paying for your car insurance with your gross earnings.
Servicing, tyres, brake pads... all included
Get rid of all of those added costs as it is all included with salary sacrifice.
How much could you save with the Salary Sacrifice Scheme?
Polestar
4 Long Range Single Motor Plus
*Quote base on a higher rate tax payer (40%) Shown is the net cost to the employee with Income tax and national insurance savings and including the cost of BIK at the vehicle on current financial year 24/25 (2%) quotation is based on a 40 year old living in a Cheshire postcode driving 10K MPA over 3 years.
Initial Rental
Monthly Rental
Insurance
Road Tax
Maintenance
Breakdown Cover
Total Monthly Cost
Salary Sacrifice
£0.00
£404.25*
Included
Included
Included
Included
£404.25
Personal Lease
£2,000.00
£558.90
£143.10
Included
£26.15
Included
£728.15
Total savings through Salary Sacrifice
£13,660
Who should you try to convince?
Your MD/CEO/Founder
If you’re at a small or medium business, they are usually the person who decides.
Persuade them by telling them:
- They can get a Porsche or Range Rover
- They’re covered if an employee leaves
- It doesn’t cost the business anything
Your HR/People Director
HR are often the ones who run the scheme so they will need some persuading.
Tell them:
- It is great for their retention targets
- All admin and management are outsourced to us
- We take care of all employee questions and queries
Your Finance Director/CFO
Finance Directors/CFOs are often the decision maker in medium/large businesses.
Tell them:
- It doesn’t cost the business anything
- They are covered if an employee leaves
- They can save 40 or 45% on their car
FAQs
Why choose Vehicle Consulting?
This is how we differ from our competitors:
Price
The main one is that our of the cars tend to be a lot better than almost all salary sacrifice providers.
Hybrid & Electric Cars
You can get electric AND plug in hybrid cars through us. Most schemes are electric cars only.
We Manage The Whole Scheme For You
We manage the whole scheme for you with a team of experts who actually know about cars. This makes sure the scheme runs smoothly and isn’t a burden for your business.
No “Accelerated Payments”
The monthly payments on our cars are consistent every month unlike some other salary sacrifice providers.
This means payroll can set up the deduction once and leave it and also makes it easy for drivers to budget each month.
Do I need to worry about depreciation of the car?
Since you’re leasing the vehicle rather than owning it, the depreciation risk is managed by the leasing company.
This allows you to enjoy driving a new car without the financial concerns associated with its decreasing value over time.
What is included?
This is what can make a big difference in getting a car yourself.
Especially the car insurance.
Does it change your tax code?
It changes so you can pay your benefit in kind tax.
The lower the benefit in kind percentage your car has, the less your tax code will change.
Does it affect your pension?
However, many employers set it up to maintain your pension contributions at their original level.
It’s important to discuss with your HR department to understand how this scheme might impact your specific pension plan and to ensure you’re making the best financial decisions for your future.
Petrol, diesel and other types of hybrid are not worth it through salary sacrifice.
Does it work for petrol/diesel cars?
Petrol/Diesel
It isn’t worth getting petrol or diesel cars through salary sacrifice because you have to pay so much back in benefit in kind tax.
Plug In Hybrids
You can get plug in hybrids through our salary sacrifice.
If you are getting a PHEV, choose one with a low benefit in kind rate, as these vary from car to car.
Avoid any other type of “hybrid” that isn’t PHEV.
EVs
These work best with salary sacrifice because they have the lowest benefit in kind rate.
This is how you make the biggest savings.
What if you leave?
How this works can vary from employer to employer, so it is worthwhile checking how it will work with salary sacrifice.
Is there a direct debit?
The monthly cost of your car is taken directly from your payslip.
This means the salary sacrifice payment will appear on your payslip each month.
Convince your boss to get salary sacrifice at your business
Download our “Convince Your Boss” PDF and send it over to your HR Director, Finance Director or MD.
