Salary Sacrifice
Salary sacrifice from Best Car Finder is the innovative and cost effective way to drive your next electric or plug in hybrid car.
Best Car Finder take the hard work out of setting up your company’s salary sacrifice scheme, with no set up costs, the full range of all makes and models, and no ongoing management fees – just lease and drive.
By sacrificing a portion of their pre tax salary, your employees can make tremendous savings when leasing the latest electric vehicles. Your business will also save on National Insurance, while we take care of all the admin, paperwork, and payroll considerations. Sign your business up at no cost, and choose from our expertly curated selection of Electric Vehicle and plug in hybrid leases. Benefits include:
Do your bit for the environment and make tremendous savings on the latest and greatest electric vehicles through our salary sacrifice scheme. Because the salary sacrifice comes out of your pre tax earnings you pay less income tax and National Insurance, saving you and your employer money.
Welcome to Best Car Finder's innovative Salary Sacrifice Program — a unique employee benefit that empowers both employers and employees alike. By sacrificing a portion of your salary, you gain access to hassle-free, brand new electric vehicles or plug in hybrids.
Just hit the button below to get started, or read on to learn more about how our salary sacrifice scheme works.
Salary Sacrifice is a financial arrangement offered by employers where employees agree to forgo a portion of their salary in exchange for non-cash benefits. Popular examples include cycle to work schemes, many pension schemes and some private healthcare options.
Best Car Finder offer Leases for electric vehicles and plug in hybrids as the non cash benefit. So instead of financing as an individual and paying for the car from post-tax pay, the lease cost is taken before income tax and National Insurance are deducted; lowering the employee’s tax liability and unlocking big savings for both the employer and employee.
Meet Rebecca the CFO on £75K
Monthly Lease Cost |
£1150 |
Employee Income Tax Saving |
£460 |
Employee National Insurance Saving |
£23 |
Benefit in Kind (BIK) Payable by Employee |
£33.36 |
Company National Insurance and VAT saving |
£243.02 |
Net Salary Sacrifice – Rebecca pays |
£700.36 – Saving nearly £450 |
" Rebecca has been extremly helpful and efficient at all times. She has kept in touch throughout the process, checking in to make sure everything is ok. She has provided addtional information I have requested at short notice and also when we requested last minute changes to our order, she supported this and had it completed without any hassle."
What is electric car Lease?
Leasing a car lets you avoid any unexpected costs by offering a fixed monthly payment for the term of the lease.
Unlike dealer finance or bank loans you only pay for the depreciation of the vehicle over the term rather than the full capital value.
Rather than pay large deposits you simply pay a small initial amount, usually equivalent to three monthly payments, at the start of the lease.
Then, at the end of the lease period (typically two or three years), you simply hand the car back. The job of selling the car and picking up the tab for depreciation is the responsibility of the lease company.
Salary Sacrifice Enquiry
We just need a few details from you, before we get started.