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National Living Wage Calculator
National Living Wage
We're Tusker, the UK's leading car benefit provider. We help thousands of organisations offer this sought-after benefit to their employees.
Salary sacrifice car schemes remain one of the most cost-effective benefits, providing considerable Tax and NI savings for drivers. As our cars are being supplied as an employee benefit, company car tax, or Benefit in Kind (BiK) tax will be payable. Electric cars generate the lowest BIK tax which is 2% until 2025, rising by just 1% each year until 2028, so you really can’t get a better deal than this.
To take a car on the scheme, you'll need to earn more than the National Living Wage once all salary deductions have been made. To check if you or one of your employees' annual salary falls above or below the National Living Wage, use our calculator below.
Calculation
National Living wage is calculated as follows; NLW x Weekly Hrs x 52 / 12. NLW reference https://www.gov.uk/national-minimum-wage-rates
| Age of driver | National Living Wage |
|---|---|
| Per hour for workers aged 21 years or older | £11.44 |
| Per hour for workers aged 18-20 inclusive | £8.60 |
| Per hour for workers aged 16 and 17 | £6.40 |
Call us: 0333 400 2020
If you would like help placing an order or you are an existing driver.