Tusker EV Salary Sacrifice Scheme Summary

Here’s a summary of Tusker’s key features, benefits and drawbacks of their EV Salary Sacrifice Scheme:

Cost Savings	Employees save on National Insurance and income tax for electric vehicles. 2% company car tax for pure electric cars until 2025.
Comprehensive Coverage	Includes fully comprehensive insurance, breakdown cover, annual road tax, accident management, routine servicing, MOTs, and replacement tyres. All covered by a single monthly payment.
Customisation	Employees can choose fuel type (electric, hybrid), make, model, color, interior, and optional extras. They can also select mileage and the length of the agreement.
No Deposit Required	No upfront deposit is needed. Payments start only after the car is delivered.
Environmental Commitment	Tusker offsets tailpipe emissions and charging carbon for electric vehicles. They have been net carbon-positive since 2021 and are committed to a zero-emission fleet by 2030.
24/7 Service	24/7 driver support line is available for all car-related issues. Tusker handles administrative tasks like scheduling services and replacing tyres.
Experience	Over 15 years in the industry, serving more than 70,000 drivers and over 1,000 businesses.
Wide Range of Vehicles	Access to a variety of vehicles from all leading manufacturers, including electric and hybrid options. The available selection depends on employer-set scheme settings.
Lifestyle Protection	Covers unexpected life events such as resignations, redundancies, retirements, long-term sickness, medical license loss, and severe circumstances like death or terminal illness, without incurring termination fees.
Employer Support	The edicated marketing team provides communication planning, tailored outreach, and comprehensive marketing support, including posters, leaflets, emails, newsletters, virtual roadshows, webinars, and regular campaigns.
Flexible Termination Options	Employees can switch to a new vehicle, return the car, or purchase it at market value at the end of the agreement.
EV Charging Add-Ons	While no public charging packages are offered, Tusker partners with specialists for home charge point installations.
Customer Support	Dedicated phone lines for general queries, car selection, and scheme setup. 24/7 support for drivers, ensuring assistance is available at all times.
Early Termination Protection	Allows car returns after three months without fees for unexpected situations like resignations or redundancies. Covers termination charges for long-term sickness, medical license loss, and severe circumstances.
No Upfront Costs	First payment is deducted from the salary only after the car is delivered.
Marketing and Communication Support	Tusker provides extensive marketing and communication materials, including physical and digital resources, to help organizations promote the scheme effectively.
Fleet and Corporate Discounts	Offers exclusive fleet discounts and competitive corporate rates for businesses of any size.

Tusker EV Salary Sacrifice Scheme

Tusker has been serving up salary sacrifice car benefit schemes to both public and private sectors in the UK since 2009. They like to design tailored car benefit solutions that meet the current and future needs of organizations. This scheme is one of the most cost-effective ways for employees to drive a brand-new, fully insured, and maintained car, with a fixed monthly payment deducted from their salary.

Key Benefits of Tusker’s Salary Sacrifice Scheme

Cost Savings
Employees can save on National Insurance contributions, and those opting for electric vehicles (EVs) will also save on income tax. Specifically, drivers of pure electric cars enjoy a low company car tax rate of just 2% for the 2022/23 tax year, a rate that will remain until 2025.

Comprehensive Coverage
The scheme includes fully comprehensive motor insurance, breakdown cover, annual road tax, accident management, routine servicing, MOTs, and replacement tyres. All these services are covered by a single fixed monthly payment deducted from the employee’s gross salary.

Great Choice
Employees can choose from a variety of fuel types including electric and hybrid vehicles. They can also customize the car’s make, model, colour, interior, and additional features. Additionally, they can select the mileage and length of the agreement that best suits their needs.

No Deposit Required
Tusker does not require any upfront deposit and the first payment is only deducted from the salary once the car is delivered.

Environmental Commitment
Since 2013, they have been offsetting the tailpipe emissions of all cars in their schemes through Verified Carbon Standard projects. This includes offsetting the carbon from charging electric vehicles. Tusker’s dedication to sustainability has earned them the Green Apple Environmental Award for Environmental Best Practice for several years.

Excellent 24/7 Service
Tusker takes care of all car-related administrative tasks, including scheduling services and replacing tyres when necessary. They also offer a 24/7 driver support line.

Why Choose Tusker’s Salary Sacrifice Scheme?

Extensive Experience: With over 15 years of experience and more than 70,000 satisfied drivers, Tusker offers the most comprehensive salary sacrifice car benefit scheme in the UK, catering to over 1,000 businesses.

Wide Range of Vehicles: Tusker provides access to a wide range of salary sacrifice vehicles from all leading manufacturers, including both electric and hybrid options. This flexibility ensures that employees can choose a vehicle that aligns with their lifestyle and environmental goals.

Protection Against Life Changes: Tusker’s Lifestyle Protection covers unexpected events such as resignations, redundancies, retirements, long-term sickness, medical license loss, and severe circumstances like death or terminal illness, allowing car returns without incurring termination fees.

No Upfront Costs: Employees do not need to make any upfront payments, making it easier to manage finances while benefiting from a new car.

Strong Environmental Focus: Tusker’s proactive approach to carbon offsetting and commitment to a zero-emission fleet by 2030 highlights their dedication to sustainability and reducing environmental impact.

Additional Features

• Support for Employers
  Tusker provides a dedicated marketing team to help organizations effectively communicate the benefits of the car scheme to employees. They offer comprehensive marketing support, including physical materials like posters and leaflets, digital content for emails and newsletters, and virtual roadshows and webinars.
  
  
• Flexible Termination Options
  Employees have multiple options at the end of their agreement: they can switch to a new vehicle, return the current car, or purchase it at its market value.
  
  
• No Public Charging Add-Ons
  While Tusker doesn’t offer public charging packages, they partner with specialists for efficient home charge point installations.
  
  
• Customer Support
  Tusker offers robust customer support through dedicated phone lines for general queries, car selection, and scheme setup, alongside their 24/7 driver support service.

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