Salary sacrifice
Drive electric with the Arnold Clark Leasing Salary Sacrifice Scheme.
What is a Salary Sacrifice Electric Car Scheme?
Similar to a ‘cycle to work’ scheme, employees can select a brand-new electric car from a range of car manufacturers at an affordable price. To pay for this, employees sacrifice a fixed sum each month before National Insurance tax and income tax, resulting in significant savings for both the employee and the employer. As one of the leading leasing companies in the UK, our salary sacrifice scheme is the perfect EV solution for your business.
Has your employer already signed up?
How does Arnold Clark Salary Sacrifice electric car scheme work?
Employer signs up to the electric car scheme and offers this to their staff as a new employee benefit.
The employee chooses a brand-new electric car from a range of manufacturers. The salary sacrifice car scheme is completed through our easy-to-use online platform.
Employees take delivery of their brand-new electric car. The payment is taken from their salary each month before national insurance and income tax is deducted.
Our knowledgeable and friendly staff are available to support you throughout your electric car scheme agreement.
What are the benefits of salary sacrifice for an employer?
- Boost employee retention and sweeten the hire package with salary sacrifice.
- Encourage a more eco-friendly option for your employees.
- Lower National Insurance costs.
- Improve employee morale.
Why choose Arnold Clark
Salary Sacrifice?
Why should your business join our scheme?
Lower national insurance
Improves staff recruitment
A boost to productivity and commitment
Easier to retain experienced staff
Encourages electric cars
Encourages company cars
Helps to achieve your sustainability goals by lowering your carbon footprint
Reduces the risk of grey fleet
What’s included in the
salary sacrifice car scheme
Our electric vehicle salary sacrifice scheme includes everything you need to hit the road, with complete peace of mind.
- Fully comprehensive motor insurance
- Road tax
- Breakdown cover
- MOT
- Servicing
- Maintenance
- Tyre replacement
Benefit-in-kind tax
Benefit-in-kind (BiK), also known as 'company car tax', is the tax that you pay if you take a car under a salary sacrifice scheme through your employer. You get taxed a small amount for the benefit of having an electric car, while making other savings on income tax and National Insurance. Benefit-in-kind tax for electric cars is currently 2% until April 2025, after this it will increase by 1% every year until it reaches 7% in 2028, meaning our salary sacrifice scheme is the perfect option for your employees.
What are the environmental impacts of our salary sacrifice scheme?
Our salary sacrifice scheme is specifically for electric vehicles, making it an eco-friendly option.
Electric cars emit almost zero emissions, meaning they aren’t polluting the environment over their lifespan
Electric cars will help to improve the planet’s overall carbon footprint
More sustainable charging options available
Customer testimonial
“Everything went well with the delivery, the guys were fantastic at the handover and everything is good with the car. Thanks for all your help through the order as well, 5* service all round!”
Smart Grid Solutions