ElectriX makes the transition to electric driving seamless and accessible for everyone. Whether you’re a business professional looking to enhance your company’s green credentials or a motoring enthusiast eager to transition to electric vehicles (EV), ElectriX has you covered.
Our mission is to simplify electric car adoption by providing everything you need in one place – leasing options, home charging solutions, and bespoke comprehensive insurance.
EV salary sacrifice scheme
Our EV Salary Sacrifice Scheme allows employees to drive brand-new electric cars from a wide range of leading manufacturers by sacrificing a portion of their gross salary. This innovative scheme not only provides significant tax savings but also supports your company’s sustainability goals. It’s an ideal solution for companies that want to enhance their green credentials, attract top talent, and offer their team a valuable, eco-friendly benefit.
Benefits for employees:
- Tax efficiency: Save up to 40% on the lease cost compared to a standard lease due to tax and National Insurance Contributions (NICs) efficiencies.
- Hassle-free: No up-front payments or credit checks required. Optional Smart home charger and comprehensive insurance can be included.
- Benefit in Kind (BiK) tax savings: With BiK rates set at just 2% for electric cars (until April 2025), compared to up to 37% for petrol or diesel equivalents, the savings are substantial.
- Reduced running costs: Benefit from cheaper off-peak tariffs for charging at home, exemption from road tax until 2025, and Clean Air Zone charges such as ULEZ.
- Environmental impact: Fully electric cars emit zero exhaust emissions, contributing to a greener planet.
Benefits for employers:
- Sustainability commitment: Demonstrate your commitment to sustainability and corporate social responsibility.
- Enhanced employee benefits: Attract, retain, and motivate employees with a valuable, eco-friendly benefit.
- Flexible options: Our tailored risk approach protects your business with flexible options if employees leave.
- No upfront costs: Implement the scheme with free setup, expert advice, and guidance at every stage.
Additional solutions
Business Contract Hire (BCH): Flexible leasing options with competitive pricing for businesses looking to electrify their fleets, keeping them modern, efficient, and environmentally friendly without hefty upfront costs.
Personal Contract Hire (PCH): Easy access for individual drivers to cutting-edge electric vehicles, with fixed monthly payments and no long-term commitments.
Ready to Make the Switch?
With our expertise and dedication to customer satisfaction, ElectriX is your go-to partner for all things electric. Book a meeting with one of our Partnership Managers to learn more about our salary sacrifice scheme and how we can help your business transition to electric vehicles.
Join us in driving towards a greener, more sustainable future with ElectriX.
ElectriX is powered by LV= General Insurance and is part of Allianz. Visit LVelectrix.co.uk to find out more.
