Drive an electric car with salary sacrifice
An affordable way for employees to drive an electric car through an inclusive motoring package which is paid directly out of the employee’s salary.
What is a salary sacrifice car scheme?
Just like the Cycle to Work schemes, employees can sacrifice a fixed amount of their salary each month in exchange for a brand new car. The amount is taken before income tax and National Insurance, so employees and businesses can save on the contributions they pay. Not only that, but the set monthly amount includes fully comprehensive car insurance, road tax, breakdown cover, MOT, maintenance, replacement tyres and accident assistance.
There are no upfront payments or deposits and after the initial exclusion period, there is no charge for early termination of the agreement if employees resign or are made redundant. Customise a brand new car, understand exactly how much the monthly amounts will be and be confident that everything is taken care of.
Understanding Company Car Tax
Company car tax is also known as Benefit in Kind (BiK) which is a tax on benefits or perks provided by your employer in addition to your salary. If you have a company car or salary sacrifice car, you will have to pay tax on the Benefit in Kind.
The amount of tax you’ll pay on your company car will depend on a number of factors. These factors include how much you earn annually, the CO2 emission bracket of the vehicle and the P11D value of the vehicle.
Learn more
Salary Sacrifice with Tusker
Say goodbye to the endless admin of car ownership and hello to a brand new car through our salary sacrifice car scheme.
Use it for business and pleasure. Fancy electric? Find the best car to suit personal needs and lifestyle.
Fully comprehensive motor insurance, breakdown cover and routine maintenance are included as standard. All for your peace of mind.
Choose from any manufacturer and model and drive away with a brand new car. Tusker is here to support you every step of the way.
From the colour and trim to the interior and additional features, you can personalise your brand new car to your requirements.
No deposit and a set monthly amount straight from your salary. Going electric? Save on tax, National Insurance and fuel.
Thousands of cars from brands including
One of these cars could be on your driveway
If you’ve always dreamed of driving a brand new car, it’s easy to be put off by pricey upfront costs, personal maintenance and added extras. With Tusker salary sacrifice, you can save on income tax and National Insurance contributions and benefit from an inclusive monthly amount.
Ready to get a salary sacrifice car?
Login now or create your account to see our wide range of cars available to you. You will probably know if your company offers our salary sacrifice car scheme, but if you’re not sure, ask your HR Manager.
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