eco for employees

New Electric Vehicle of your choice enables you to benefit from £10k*cash release by selling the previous car Company EVs save 28%-42% over private leases EVs have a 66% lower running cost

Save 4.6 tons of CO2 emissions per car (based on 11,500 average miles driven) Do your bit to save the planet

Your lease includes maintenance, servicing and tyres, roadside assistance, driver and family member insurance, early termination insurance that covers long term sickness, maternity, resignation, and redundancy. Overall, this means that for every £1,000 spent on leasing the employee saves £300-£420, depending on their tax bracket

12% National Insurance saving. 10% VAT saving, with businesses able to claim back 50% of the VAT on the lease. Overall, this means that for every £1,000 spent on leasing, your business saves £250 in tax rebates

Biggest and most tax-efficient employee perk available. 75% of employees stay due to employee benefit packages. EV SSS makes it easier to recruit and retain staff

All leased vehicles will count towards your green quotas, such as ISO14001 Corporate Responsibility targets, which look at energy efficiency and the amount of green energy that your business consumes. By utilising the Salary Sacrifice Scheme, you’re able to make huge strides of progress towards these protocols without having to make massive changes - you just need to offer your employees the chance to drive new, reliable, non-polluting cars at an incredibly affordable price!

In addition to the above, there are also many financial benefits to your business, particularly if you’re able to sign multiple employees up to the scheme, as you’ll receive a higher level of VAT claim back and will be able to aim for more aggressive eco-friendly targets as a result. Furthermore, eco is looking to ensure that businesses engaging with salary sacrifice for car lease schemes are protected in the event that an employee leaves the company.

Now that you have all the information that you need to make a decision on whether to engage in the salary sacrifice scheme, you’re probably wondering what the next steps are. In general, there are two different things that can happen at this point: As an employer, you begin to gauge whether the scheme is something that your employees would be interested in and whether salary sacrifice for electric cars is something that your employees could feasibly manage. If gathering this information is something you need assistance with, you can get in touch with the eco team, who will be able to conduct the survey on your behalf, collating all of the relevant information that is required. Some businesses struggle to implement such a scheme and do still distance themselves due to the fear of change. If this is the case, we can assist you in laying out all the information in a way that’s clear and easy to process for your managers and directors - following this, they will then be able to make an informed decision regarding salary sacrifice leasing for the business

For more assistance on the salary sacrifice car lease scheme or to discuss action plans for implementation at your business, please feel free to contact the eco team. Our experts are on hand to assist you with your questions and queries each day by phone, email, and our online contact form! Just pick the method of contact that you prefer and we’ll get back to you in no time at all