The salary sacrifice car is a company car leased by the employer for 2 to 3 years. To pay for this, the employee will sacrifice part of their gross salary every month – this results in income tax and national insurance (NI) savings and means they are subject to Benefit in Kind (BIK) tax.
For zero emission and low emission cars, salary sacrifice can result in huge savings for both the employee and employer.
What's more, our car scheme is fully managed at every stage by our talented and friendly team of account managers.
Examples are for illustrative purposes only.
|Benefit in Kind||-£21.32|
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