Help!

Employee Profile

For your EV or Electric Car Salary Sacrifice calculation we need you to provide some basic information.

It's to do with your monthly or weekly pay and your total income.

Don't worry if you are unsure about any item - you can return to the profile later and make changes.

Follow the questions and prompts on the screen - the key items you need to provide are:

Pay Interval - You need to select whther you are Monthly or Weekly paid.

Tax Residence - Choose where you have your tax residence. This is important because different rates of income tax apply in Scotland compared to the rest of the UK.

PAYE - Choose if your PAYE code begins with numbers or letters. You may be asked for the actual PAYE code too depending on your selection.

Pay, Overtime, Bonuses, Other Pay and Benefits - We need this information to calculate your tax and National Insurance. Enter the amount and press the 'Enter' key or equivalent to see your total pay calculated.

Pension - If you are a member of a company pension scheme then select those elements of pay which are pensionable. You will also need to add your contributions rate. We'll calculate the contributions due.

When you're finished with your employee profiel, just click on the 'Car Insurance' button.

What We'll Do With This Data

We will use the information in your personal profile to calculate your total income.

This will help us analyse your income and your personal tax bill.

Why do we do this? Well, we'll compare your income before and after salary sacrifice so you can see the difference in your net pay.

This way we will take account your net pay before salary sacrifice and then after*.

*This will take account of the monthly lease cost and any insurance you have to pay. It may also take into account company taxes (such as employer's national insurance) and some or all of the VAT on the car.

This difference in costs will also help you compare your net income before salary sacrifice and after you have a car.

So what does this difference mean?

Well, your net income after salary sacrifice will be different to your net income before, and the difference will be the cost of the car, plus the tax you pay on the car too.

So, if your net income after salary sacrifice, plus the value of your car, is more than your net income before salary sacrifice, then you are better off.

Similarly, if your net income after salary sacrifice, plus the value of your car, is less than your net income before salary sacrifice, then you are worse off from salary sacrifice.

More About EV or Electric Car Salary Sacrifice

We've put some links below to help you understand EV or Electric Car Salary Sacrifice, but right now you're probably wondering where to get started.

We think there are 5 key steps to switching into an electric car salary sacrifice plan, so our guides below explain how to follow those steps to make sure your participation does what you need it to do.

If you just want to know how much tax you will save, you can see this in later pages once we know the car you want.

If you're an employer wanting to know what to do then click here to read our employer's guide.

So where do you get started as an employee?

Well, we think there are 5 key steps to switching employees into an EV or Electric Car Salary Sacrifice plan. Our guide below explains how to follow those steps - you can jump to them using these links.