If you’re considering making the switch to an electric vehicle then it’s worth checking if your employer offers (or would consider offering) an Electric Car Salary Sacrifice Scheme.
An electric car salary sacrifice scheme may reduce the cost of leasing a car. Savings depend on your tax position and the scheme’s terms. For the 2026/27 tax year, the company-car benefit percentage for a zero-emission car is 4%; this is applied to the car’s taxable value to calculate the benefit, on which income tax is due. Ask your employer or scheme provider for a personalised quotation.
If you’re an employer looking to set up an EV salary sacrifice scheme, Octopus energy are a great company that can help! Their website provides lots of useful information on an EV scheme from an employers point of view, follow the link below.