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Octopus EV Salary Sacrifice Scheme

Comprehensive guide for employers and employees

Scheme Overview

EV Cost Checker is proud to recommend the 100% electric vehicle salary sacrifice scheme from Octopus Electric Vehicles.

What is the Octopus Electric Vehicles salary sacrifice scheme?

A salary sacrifice car scheme is an employee benefit that lets your team access a range of electric vehicles at no upfront cost.

Octopus EV salary sacrifice car scheme offers a number of tax and personal benefits savings for the employee who pays for their electric vehicle from their gross salary before tax.

Your team can save up to 40% on the monthly cost of a brand-new EV, while boosting your sustainability credentials with zero set up cost for your business. Plus, it's open to companies of all shapes and sizes.

You and your team get everything you need to hit the road from Octopus Electric Vehicles: car, charger, energy. The lot.

Employer Benefits

How does it work?

You, as a business, sign up to the scheme to provide it as an employee benefit to your team. 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.

Why is Octopus EV salary sacrifice great for your company?

Hit Net Zero Targets

Show both your team and your customers that you care about fighting climate change. On average, a business saves 8.2 tonnes per year with EV salary sacrifice.

Boost Benefits Package

75% of employees say that they're more likely to stay at their work because of their benefits package.

Pay Less National Insurance

Your business saves on National Insurance, which many opt to put back into the scheme.

Minimal Risk

Built-in early-termination protection for unforeseen circumstances.

Complete EV Package

The car, charger, energy, insurance (subject to eligibility), servicing, maintenance, breakdown and tyres.

  • Free home charger with standard installation
  • 4,000 miles of free home charging
  • No off-street parking? Get 4,000 free miles on Octopus Electroverse

Bespoke Events

Octopus EV organises bespoke events to help your team experience the world of EVs and give you everything you need to promote the scheme.

Trusted by Thousands

4.8 stars on Trustpilot. Octopus EV are rated as excellent for always giving impartial EV advice and dedication to customer care.

Employee Benefits

How does it work?

You get to drive a brand-new EV as a benefit from your employer, through one easy monthly payment. You pay for your new EV from your gross salary, saving you money on National Insurance and Income Tax.

What makes Octopus EV salary sacrifice great for employees?

Complete EV Package

In one simple monthly payment, you get access to a brand new EV, great charging offers, insurance (subject to eligibility), breakdown cover, maintenance and servicing and tyre replacement.

Hassle-Free Ordering

The Octopus EV team is on hand to help you pick the perfect EV. They're rated 4.8 on Trustpilot, so you're in safe hands.

No Upfront Deposit

Plus no hidden surprises or fees. Everything you need is covered in one monthly payment for peace of mind.

Cut Carbon Emissions

Drivers can save up to 2.7 tonnes of carbon per year vs. a petrol car.

Cheaper Than Petrol/Diesel

Over a quarter of Octopus Electric Vehicles's drivers said they save £150 a month on fuel costs compared to their last petrol or diesel car.

Key Statistics

40%
Monthly Cost Savings
8.2t
CO2 Saved Per Year
75%
Employees More Likely to Stay
4.8★
Trustpilot Rating
£150
Monthly Fuel Savings
2.7t
Carbon Saved Per Driver

Ready to Get Started?

Join thousands of businesses and employees already benefiting from the Octopus EV salary sacrifice scheme.

Register Your Interest

For full terms and conditions on charging offers, visit Octopus EV.