With salary sacrifice, employees can access electric or plug-in hybrid company cars more easily by exchanging part of their pre-tax salary for a new, low-emission vehicle.
Practical, convenient, and available through various providers, this option can reduce personal tax and National Insurance contributions for employees, while also lowering National Insurance costs for employers – a win for everyone.
Less stress, more driving
Make driving easier with an all-inclusive package. Through the salary sacrifice scheme, one simple monthly payment can include motor insurance, servicing, maintenance, and roadside assistance – so you can enjoy the road with fewer surprises.
Advantages of salary sacrifice
Reduce tax liability
Good news! As this is a pre-tax deduction, it offers valuable benefits such as reducing overall taxable income.
Lower contributions
As a portion of the gross salary is sacrificed, this means that income tax and National Insurance tax will be lower.
Optimise BIK tax
While you will still pay BIK tax for using the car privately, EVs and hybrids currently have a lower BIK rate meaning lower tax liability.
A vehicle for every job
Looking to set up a salary sacrifice scheme?
Ford Fleet Management is committed to making the process as simple and hassle-free as possible, for both employers and employees. Salary sacrifice is free to set up, and employees who choose an EV or hybrid may benefit from lower total cost of ownership (TCO).
From set-up and ordering to delivery, vehicle life, and beyond, drivers and employers are supported every step of the way by Ford Fleet Management.