Salary Sacrifice car schemes made simple
One of the UK's fastest-growing employee benefits — especially popular for electric vehicles thanks to their low Benefit-in-Kind taxation.
Salary sacrifice car schemes let employees exchange a portion of their gross salary for a fully maintained car, typically saving on tax and National Insurance in the process. It has become one of the fastest-growing employee benefits in the UK.
With electric vehicles continuing to attract low Benefit-in-Kind taxation, salary sacrifice has become an especially attractive way to get employees into an EV at a lower net cost than a personal lease or purchase.
Our dedicated salary sacrifice platform, run in partnership with Cocoon Vehicles, is built specifically for employers and their payroll and HR teams to set up and manage a scheme.
More detail on Cocoon Vehicles →Key Features
Employees pay for their car from gross salary, typically reducing their tax and National Insurance bill.
Electric vehicles attract some of the lowest Benefit-in-Kind rates available, maximising the saving.
Insurance, maintenance, and breakdown cover can all be bundled into the scheme.
Our dedicated platform is built to make scheme administration straightforward.
Is Salary Sacrifice right for you?
Employers wanting to offer a market-leading benefit
Employees looking to move to an EV at a lower net cost
HR and payroll teams evaluating a scheme provider
Salary Sacrifice — Live Availability
Salary Sacrifice FAQs
Is salary sacrifice only for electric cars?+
No, but EVs are especially popular on salary sacrifice thanks to their low Benefit-in-Kind tax rates, which maximise the overall saving.
Who sets up the scheme?+
Our dedicated salary sacrifice platform, in partnership with Cocoon Vehicles, supports employers through scheme set-up and ongoing administration.
Does it affect my pension or other salary-linked benefits?+
Sacrificing salary can affect pension contributions and other salary-linked benefits or entitlements — employees should take independent financial advice before joining a scheme.
Where can I find out more?+
Visit our dedicated salary sacrifice site for full scheme details, or get in touch and our team will point you in the right direction.
Ready to talk Salary Sacrifice?
Our team will talk you through the realistic options for your situation — no pressure, no jargon.