Marketplace

Octopus Electric Vehicles

The benefit your employees want

Like cycle to work, but faster.

We’re proud to recommend the 100% electric vehicle salary sacrifice scheme from Octopus Electric Vehicles.

Octopus Electric Vehicles salary sacrifice scheme is an employee benefit that allows your team to access a range of electric vehicles at no upfront cost. Your team pays for a brand new EV from their gross salary, helping them save on National Insurance and Income Tax. As a business, you recover some of the cost through the employee’s gross pay

It’s similar to how pensions work. Your team will see their pension on their payslip each month. And that’s where they’ll see their monthly bill for their EV too – which means they’re making all sorts of tax savings, and they’ll be paying up to 40% less for the car.

Help your team save the planet and their wallets whilst hitting your businesses net zero targets. The scheme’s open to companies of all shapes and sizes. Plus, it’s free to set up and offer to your team.

Go electric, it’s easier / faster / cheaper than you think.

 

 

Why is salary sacrifice great for your company?

  • Hit your net zero targets – Save the planet and your team’s wallets. 75% of employees say they’re likely to continue working for an organisation that helps them contribute to a greener planet.
  • Boost your benefits package – Choose the planet-positive choice; each EV can save up to 2.7 tonnes of CO2 a year.
  • Pay less National Insurance – Your business saves on National Insurance, which many opt to put back into the scheme.
  • Early-termination protection – We know things can change, so we give flexibility if someone leaves the company.
  • Your team gets the whole EV package – The car, charger, energy, insurance (subject to eligibility), servicing, maintenance, breakdown and tyres.
    • That includes a free home charger with standard installation, plus 4,000 miles of free home charging.
    • No off-street parking? No problem. Your team can get 4,000 free miles of credit on Octopus Electroverse. Check out the full T&Cs for these charging offers here.

The benefit your employees want: Octopus Electric Vehicles salary sacrifice scheme. To estimate how much both the employee and employer can save using such a scheme, try Zest’s electric car salary sacrifice calculator.

What is Octopus Electric Vehicles Salary Sacrifice?

Content & Links

Octopus Flyer – Planet 

Octopus Flyer – Discount

If you wish to speak to a Zest representative regarding this benefit. Please email your enquiry to: marketplace@zestbenefits.com