WebSalary Sacrifice is a benefit scheme that enables employees to get a brand electric car. As part of the group behind Evans Halshaw and Stratstone, we can offer your employees … WebOct 28, 2024 · The pros of buying a used electric car. One of the biggest advantages of buying a used EV is the cheaper price, which is much lower than a brand new model. For example, a 2024 Renault ZOE Iconic R135 costs £30,595 (including the UK government Plug-In Car Grant, PICG). That compares to £23,495 for the same car at a year old with …

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WebMar 3, 2024 · Cars and running costs are another popular way to make use of salary sacrificing. The most common arrangement is what's called a novated lease. It works like … WebIf you’ve always dreamed of driving a brand new car, it’s easy to be put off by pricey upfront costs, personal maintenance and added extras. With Tusker salary sacrifice, you can … northfield nursery dewsbury

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WebAnother major factor in how much company car tax you will pay is your personal income tax band. The income tax bands for 2024/21 are as follows: Basic Rate tax payers – Up to £50,000 – 20%. Higher Rate tax payers – £50,001 to £150,000 – 40%. Additional Rate tax payers – Over £150,000 – 45%. WebJan 30, 2024 · There is a way to get round this, though: you can get the full benefit of salary sacrifice if you use it to purchase an ultra-low emission vehicle (ULEV), such as an electric car. Here, one... WebSalary packaging a car, also known as a novated car lease, is one of the easiest and most cost-effective ways to buy and run a car. With a novated lease, you can pay for your vehicle expenses using a combination of your pre and post-tax salary. This could reduce your taxable income and the amount of tax you pay. Salary packaging a car is easy. northfield nursery plants