Electric Car Salary Sacrifice Calculator


Let's Get Started!

Our EV or Electric Car Salary Sacrifice Calculator can work out your net pay before and after Salary Sacrifice, plus the cost of Electric Car Salary Sacrifice to your employer (just complete the employer profile).

You can even configure a car with options and see how this changes your Salary Sacrifice and net pay.

You don't have to select an electric car - you can choose any car you like, but the tax advantages of Salary Sacrifice are much better with electric cars and plug-in hybrids.

Just click on the link to configure a car, then store it in your garage and see the car in an EV or Electric Car Salary Sacrifice plan.

You can also change the costs for the car, such as the monthly contract hire rental, the maintenance package and the insurance costs and see how this changes your net pay.

But to get started calculating your Salary Sacrifice, click on one of the buttons below to jump straight into a Salary Sacrifice calculation:

To read more about EV or Electric Car Salary Sacrifice, scroll down the page or click this link.





More About EV or Electric Car Salary Sacrifice

EV or Electric Car Salary Sacrifice is a way of swapping some of your pay to get a company car.

Typically the Salary Sacrifice car is electric or hybrid for tax reasons. This is because the tax due on company cars is currently much lower for electic cars and hybrids than for company cars with an internal combustion engine (or 'ICE').

What Is EV or Electric Car Salary Sacrifice?

It's an arrangement where you give up part of your pay to get a company car.

Typically the salary you give up is equivalent to the cost of the car including the monthly finance payment for the car, plus the insurance and breakdown cover.

When you give up your salary you are taxed at lower rates (both income tax and national insurance contributions) than you would on your salary.

As a result, the EV or Electric Car Salary Sacrifice plan saves you money compared to being paid the equivalent salary, so you get more net pay from the car than you would on the equivalent pay paid to you as salary.

How Does EV or Electric Car Salary Sacrifice Work?

Your employer provides you with a company car and a lower salary and uses part of the difference in pay to pay for the company car.

You can read more about this by clicking on this link.

So where do you get started as an employee?

Click on the button above (the "I'm an Employee" button) and we'll take you through the stages of calculating the difference to your pay.

You'll need to provide some details about your pay and the company car you want, then we'll show you the difference in your net pay that you will receive from an EV or Electric Car Salary Sacrifice plan.




Contact Us




Whether you're a personal buyer, fleet operator or company car driver we have the most advanced tools you could ever need to help you choose your next new car.

From vehicle technical data to advice on buying or leasing, it's all here waiting for you.

So dive right in, or why not get in touch?

You never know what else we might know ....



   0333 444 0400

(+44 1482 772553 from outside the UK)

   info@drivesmart.co.uk




Contact

0330 444 0400
(+44 1482 772553 outside UK)

info@drivesmart.co.uk