Drive an electric car with salary sacrifice
An affordable way for employees to drive electric 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.
The great thing is, 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
As our cars are being supplied as an employee benefit, company car tax, or Benefit in Kind (BiK) will be payable. 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. For electric cars, this Benefit in Kind tax is only 2% next tax year until 2025
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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.
We love being green!
Reducing the impact of your business on the local environment is important. That’s why encouraging employees to drive newer, greener cars can have a positive impact on making your business more sustainable.
We have been a carbon-neutral business since 2010. So, we offset the exhaust emissions of all of the salary sacrifice cars we put on the road against a Verified Carbon Standard offsetting project and also offset the charge of electric cars. As a reward for our efforts, we have won the Green Apple Environmental Award for Environmental Best Practice for the last few years.
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Our trusted partners include
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.
Thousands of cars from brands including
EDF Case Study
Following the introduction of the Tusker Salary Sacrifice car scheme, EDF, Britain’s biggest producer of zero carbon energy has reported huge savings both for employees and at a corporate level. Read more to find out how the focus on adoption of EV and ULEV vehicles has worked brilliantly to save money, and the environment.
ENGIE and their salary sacrifice car scheme with Tusker
Tusker introduced an employee benefits car scheme to global energy player Engie in 2018, and with a huge take up of the salary sacrifice scheme, Tusker has so far delivered huge savings for Engie, and its employees. With 91% of employees opting for EV alternatives to their previous petrol and diesel powered vehicles, employee emissions and monthly outgoings have plummeted at the same time.
Tusker Drivers: Alan Reeves, West Midlands Police
Alan Reeves, who works at West Midlands Police, first heard about Tusker’s salary sacrifice scheme via his Intranet. The Car Benefit scheme enables employees, like Alan, to have a brand new car, complete with insurance, road tax, breakdown cover, tyres, servicing and maintenance. It’s the simplest way of driving a brand new car.
Behind the Scheme: Daily Mail Group
Following their launch in January 2021, Tusker caught up with Janette Shaw, Group Reward and Benefits Manager for the Daily Mail Group to find out how the Car Benefit Scheme was going with their 4,000 eligible employees.
Frequently asked questions
What best describes you?
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.