Save Big on an EV with Octopus EV’s Salary Sacrifice Scheme

Switching to an electric vehicle has never been easier or more affordable with Octopus EV’s salary sacrifice scheme. Employees can save up to 40% on a new or nearly new EV, with additional benefits like free charging miles, a low-cost EV tariff, and home charger installation.

Why Choose A Salary Sacrifice Scheme?

A salary sacrifice scheme allows you to exchange part of your pre-tax salary for an EV, reducing the amount of Income Tax and National Insurance you pay. This makes a brand-new electric car significantly more affordable. Employers also benefit by reducing National Insurance costs while supporting sustainability and employee retention.

The Octopus EV Package: Everything You Need

• Home charger installation for convenient charging
• 4,000 free miles on the Electroverse network or at home
• Exclusive Intelligent Go EV tariff for ultra-low overnight charging rates
• Fully maintained lease, covering insurance, servicing, and breakdown cover
• Green energy discounts, including £500 off solar panels or heat pumps for employees

How Much Can You Save?

For a higher-rate taxpayer leasing an EV at £700 per month:

• Income Tax savings: £280 per month
• National Insurance savings: £14 per month
• Final net cost: £406 per month instead of £700
• Total monthly savings: £294

Flexible and Hassle Free

Octopus EV includes Early Termination Protection, ensuring you’re covered if your circumstances change. They also offer nearly new EVs, providing a more affordable way to drive electric.

Employer Benefits

• National Insurance savings of up to £500 per employee per year
• Improved employee retention and job satisfaction
• Supports sustainability and corporate ESG goals

With Octopus EV’s salary sacrifice scheme, employees and businesses alike can benefit from significant savings while making the switch to electric.