Electric Cars as a Workplace Perk: Electric cars are becoming a popular workplace perk, allowing employees to lease EVs for personal use through salary sacrifice schemes.
Tax and National Insurance Savings: These schemes enable employees to save on taxes and national insurance contributions, making the cost of electric cars more affordable.
Environmental Impact: Offering electric cars as a perk encourages employees to consider their environmental impact and supports the transition from petrol to EVs.
Cost-Effective Switch: The scheme is described as a "game changer" and the most cost-effective way to transition from petrol to electric vehicles.
Company Benefits: Companies offering this perk can attract and retain employees by providing savings, access to advanced technology, and promoting environmental responsibility.
The article also highlights the following points:
Number of Companies Offering the Benefit: Over 5,000 companies have signed up to offer electric vehicles through the mentioned provider.
Cost Difference: Electric vehicles can cost up to £10,000 more than petrol cars, but the salary sacrifice benefit helps alleviate this cost barrier.
Payment Spreading: The benefit allows staff to spread payments, making electric cars more accessible to a wider range of employees.
Impact on Car Market: The perk is influencing the car market by increasing demand for electric vehicles and changing traditional consumer demand indicators.
Overall, the article discusses how offering electric cars as a workplace perk through salary sacrifice schemes can benefit both employees and employers, promoting sustainability and reducing the barriers to adopting electric vehicles.
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