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Salary sacrifice as an…
Employee
Salary sacrifice as an…
Employer


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. 

Salary sacrifice as an…
Employee
Salary sacrifice as an…
Employer

What is a salary sacrifice car scheme?

Just like the Cycle to Work scheme, employees can sacrifice a fixed amount of their salary each month in exchange for a car. The amount is taken before Income Tax and National Insurance, allowing employees to save on contributions depending on the vehicle chosen. Employers may also benefit from National Insurance savings on eligible vehicles.

The fixed monthly amount includes fully comprehensive insurance, road tax, breakdown cover, MOT, servicing, maintenance, replacement tyres and accident assistance, helping provide a convenient fixed-cost motoring package.

Employees can choose from a range of vehicles through the scheme. Every scheme is designed to meet the needs of the organisation, with vehicle options and fuel types chosen by the employer. Options may include electric, hybrid, plug-in hybrid, petrol, diesel and pre-loved vehicles. This flexibility helps employees find a car that suits their lifestyle, driving requirements and budget.

Understanding Company Car Tax

Benefit in Kind (BiK), sometimes referred as company car tax, is the tax paid on workplace benefits such as a company car or salary sacrifice vehicle.

The amount payable depends on factors including the vehicle’s P11D value, CO₂ emissions, fuel type and the employee’s tax band. Electric vehicles benefit from lower Benefit in Kind rates, helping make them an attractive option for many drivers.

Learn more about Benefit in Kind
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Vehicle Choice

Each scheme can be tailored to an employer’s requirements, including the vehicle types and fuel mixes available. Employees can choose from the vehicle types and fuel mixes available through their scheme. Options may include electric, hybrid, plug-in hybrid, petrol, diesel fuel mixes, and a combination of brand-new factory-built models, ready-made in-stock vehicles, or pre-loved used cars. This flexibility allows drivers to choose a vehicle that suits their lifestyle, driving requirements and budget.

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Used Cars

Our used car option (we call it “Pre-Loved”) are vehicles that have previously been driven by a Tusker driver and are carefully selected for their quality and condition. All our Pre-Loved vehicles are brought up to the BVRLA Fair, Wear and Tear standard to help ensure they are in the best condition possible for their next driver. Pre-Loved vehicles can help make salary sacrifice more accessible for drivers where a brand-new car might be out of their budget, and are often delivered within a few weeks.

How much could employees save?

Employees could save Income Tax and National Insurance depending on the vehicle chosen., the lowest-emission cars typically provide the greatest tax efficiencies. Fleet savings and manufacturer discounts can also help improve affordability, and employees can generate a personalised quote to understand the potential costs and savings available to them.

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.

 

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.