Electric Vehicle Salary Sacrifice

As recruitment and retention of staff becomes increasingly difficult for businesses, more and more employers are looking at alternative incentives and benefits that they can provide to recruit and retain staff.

One benefit that ticks lots of boxes for employers and employees is the provision of an Electric Vehicle via a Salary Sacrifice scheme.

This morning (17th November 2021) I gave a presentation to a variety of businesses on the Isle of Wight, alongside, Sue Lucas from Moore Accounting and Paul & Nancy Thorley from Vehicle Consulting Solent about the benefits and legal requirements of implementing an electric vehicle salary sacrifice scheme.

If you are thinking of offering electric vehicle salary sacrifice for your employees you can download your free guide for employers and a copy of template contract clauses and a template letter here: DIY Documents.

If you would like more information about electric vehicle leasing the team at Vehicle Consulting Solent can help you: https://www.vehicleconsultingsolent.com/electric-salary-sacrifice

Whether you decide to change the employment contract and issue a new version, or you merely issue a letter about the change we strongly recommend that you have a separate agreement between you covering how the lease arrangements will work in practice and what will be required of the employee.

If you would like help with the contractual documents and preparing an agreement between you and the employee, we can arrange this for you, normally for an agreed fixed fee. Please contact us for a free no obligation chat and quote on 01983 897003. Alternatively, if you prefer to email you can email alison@realemploymentlawadvice.co.uk

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Appointments are available on the telephone or via Skype throughout the UK.

Alternatively we offer face to face appointments on the Isle of Wight, in Eastleigh, Salisbury, Southampton, Fareham, Portsmouth, Winchester and surrounding areas in Hampshire.

The information contained in this blog post is provided for guidance and is a snapshot of the law at the time it is written. It is provided for your information only and should not be used as a substitute for obtaining legal advice that it specific to your particular circumstances.

The guidance should not be relied upon in any decision making process. It is strongly recommended that you seek advice before taking action.

Solicitor in Eastleigh | Solicitor in Salisbury | Solicitor Isle of Wight