- Our Best Salary Sacrifice Scheme 2026
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Here’s a summary of WeVees key features, benefits and drawbacks of their EV salary sacrifice scheme:
| Launch Date | January 2019 |
| Headquarters | One Lyric Square, London |
| Program Name | EcoMute electric car salary sacrifice program |
| Setup Cost | Free to set up and run |
| Main Benefits for Employers | Enhances benefits packages, aids talent retention, reduces corporate carbon footprint |
| Main Benefits for Employees | Reduced motoring costs, lower income tax, lower National Insurance payments |
| Financial Savings | – Saves on fuel costs – Avoids high maintenance fees of petrol cars – No road tax on EVs |
| All-Inclusive Offering | – Servicing – Maintenance – Tyre replacement – Motor insurance |
| How to Join | Contact WeVee’s dedicated team at 020 8012 8190 for a bespoke presentation |
| Employee Credit Check | No personal credit check required |
| Account Management | Dedicated account manager for paperwork and employee engagement |
| Included Services | – Comprehensive car insurance – Routine servicing and maintenance – Replacement tyres – Expert advice and support |
| Tax Benefits | – Savings on income tax – National Insurance, and VAT due to pre-tax salary deduction – Lower EV BIK rate compared to petrol/diesel cars |
WeVee EV Scheme
Since its launch in January 2019, WeVee has been running EV schemes from its headquarters at One Lyric Square, London, WeVee specializes in helping businesses implement salary sacrifice schemes for EVs.
Salary Sacrifice Basics
WeVee’s EcoMute electric car salary sacrifice program is a cost-free solution for businesses to set up and manage. The scheme allows employees to exchange a portion of their gross salary for an electric car, enhancing the company’s benefits package, aiding in talent retention, and helping reduce the corporate carbon footprint. For employees, this arrangement offers reduced motoring expenses, lower income tax, and National Insurance contributions, facilitating a smoother transition to electric mobility and aligning personal goals with corporate sustainability targets.
Benefits of the WeVee Salary Sacrifice Scheme
Financial Savings
The WeVee scheme provides substantial financial savings for participants. Employees save on fuel costs, avoid the high maintenance fees associated with petrol or diesel cars, and are exempt from road tax on electric vehicles.
Environmental Impact
Choosing an electric vehicle through the WeVee scheme helps reduce carbon emissions. This is an essential step for companies aiming to meet their environmental targets and promote a green image.
All-Inclusive
WeVee’s salary sacrifice scheme is comprehensive, covering all necessary expenses such as servicing, maintenance, tyre replacements, and car insurance.
How to Join the WeVee Salary Sacrifice Program
Businesses interested in the scheme can contact WeVee’s team on 020 8012 8190 to receive a bespoke presentation detailing how the scheme operates. Once a contract is established, a dedicated account manager from WeVee assists with the necessary paperwork and employee engagement, ensuring a seamless integration of the scheme into the business. There is no requirement for a personal credit check.
What’s Included in a WeVee Salary Sacrifice?
A WeVee salary sacrifice scheme typically includes several essential services and benefits:
- Car Insurance
Comprehensive electric car insurance is included, providing the necessary coverage for the leased vehicle. - Servicing and Maintenance Costs
Routine servicing and maintenance are covered, ensuring the vehicle remains in excellent condition without additional expenses for the employee. - Replacement Tyres
Costs for replacing tyres due to wear and tear or damage are covered under the scheme. - Additional Support
WeVee provides dedicated account management and expert advice to help employees understand the scheme and make informed decisions.
Tax Benefits
Participants in the WeVee scheme benefit from significant tax savings. The salary sacrifice arrangement allows for pre-tax salary deductions, resulting in savings on income tax, National Insurance, and VAT. While employees are still required to pay the current EV Benefit-in-Kind (BiK) rate, it is considerably lower than the equivalent rate for petrol or diesel cars, making the overall cost of the scheme much more attractive.