Jargon
A tax employees pay on company-provided benefits. For electric cars, it’s extremely low (as little as 2%), making EVs a smart choice through salary sacrifice.
The amount of carbon dioxide a car produces. Lower emissions = lower tax. EVs have 0g/km CO₂ emissions.
Electric Vehicle. Runs solely on electricity. Zero tailpipe emissions and ultra-low running costs.
Your salary before tax and other deductions. SalAd takes payments from this, making it tax-efficient.
A car that uses both a petrol/diesel engine and an electric motor. Plug-in hybrids (PHEVs) can be charged and run on battery power for short trips.
Cover that protects the employer and/or employee from fees if someone leaves their job or their circumstances change before the lease ends.
No single funder can offer the best price on every vehicle all the time. So for this reason we work with multiple lenders to get the lowest monthly cost for every vehicle order. Our multi-bid scheme ensures competitive pricing, with the cheapest quote forming the basis of an employee’s salary sacrifice quotation. This approach reduces costs and makes the scheme accessible to more employees, including those previously precluded by National Minimum Wage or affordability criteria.
A tax paid on earnings. Salary sacrifice reduces NI contributions, creating savings for both the employee and employer.
Your take-home pay after tax, National Insurance, and any salary sacrifice deductions.
A form used by employers to report benefits like company cars to HMRC. Required if you’re using salary sacrifice for a vehicle.
An agreement where an employee gives up part of their gross salary in exchange for a non-cash benefit — like a car. It reduces taxable income, so you pay less tax and National Insurance.
The complete cost of having a car – including leasing, fuel, servicing, tax, and insurance. SalAd helps reduce your TCO through tax savings.
The total cost of owning and running a car — including purchase price, fuel, insurance, tax, maintenance, etc. EVs often have a lower whole-life cost.
Worldwide Harmonised Light Vehicles Test Procedure – a measure of how far an electric car can travel on a full charge, under realistic driving conditions.
Myths
Through salary sacrifice, you can save up to 60% on a new low emission car — and it includes insurance, maintenance, and more. Often cheaper than your current car!
Your pension contributions and statutory benefits (like maternity pay) are protected and recalculated accordingly — no downside there.
SalAd includes lifestyle protection, so you’re covered if your circumstances change — such as being made redundant, going on parental leave, resignation, or loss of driving licence on medical grounds.
Whilst your take-home pay will reduce, you enjoy tax and NI savings as your car payments are taken from gross pay. And don’t forget this covers all your motoring costs. That’s why SalAd has been designed to be affordable, with fixed monthly payments inclusive of all your motoring needs.
Absolutely not There’s no loan, no credit check, no deposit and no debt — it’s a tax-efficient benefit paid through your gross salary, not finance.
While SalAd promotes electric vehicles for tax savings and sustainability, hybrid and low-emission petrol cars are also available if needed.
SalAd is for everyone! As long as employees meet the minimum salary threshold after deductions, they can join. It’s a benefit designed to be inclusive.
It’s fully managed. We take care of quotes, contracts, delivery, and admin. For employers, it’s low-effort and high-impact.