EDF has launched an electric vehicle salary sacrifice scheme through EV leasing company DriveElectric for its SME business customers.
DriveElectric says its salary sacrifice means employees can save up to 40% on an EV by exchanging part of their salary – the gross amount sacrificed reduces the employee’s income tax and national insurance (NIC) liability, as well as the employer’s NIC liability.
With EV expertise stretching back many years, DriveElectric has dedicated consultants to advise about electric cars, supported by tax and compliance specialists, and an on-call team to answer any questions.
A Pod Point 7kW Solo 3 home charger can also be included in the salary sacrifice package if required.
Diana Bowden, Sales and Marketing Director at EDF, said, “At EDF, we’re on a mission to help everyone go net zero by making it easier for customers to save cash and CO2.
“So we’re delighted to announce the launch of our salary sacrifice offer with DriveElectric.
“This latest initiative gives the employees of our business customers the ability to drive a brand new EV and have a Pod Point home charger fitted with significant savings, as well as to charge their vehicle using our zero carbon GoElectric tariff.”
Adam Kemp, Director of Partnerships, DriveElectric, said, “Working in partnership with EDF since 2019, together we pioneered one of the first EV lease, charger and tariff propositions.
“Our expanded partnership now allows EDF business customers to drive an EV cost-effectively through salary sacrifice, and our new online system puts them in charge of the car selection and ordering process.”