Salary Sacrifice & Finance

The company car tax rate for pure electric vehicles jumped from 2% to 3% in April 2026, a 50% increase that’s sparked concern among anyone considering salary sacrifice EV schemes. If you’ve been weighing up whether to sign up, you’re probably wondering whether the numbers still make sense. Short answer: yes, they do. The increase … Read more

From April 2025, electric cars lost their exemption from Vehicle Excise Duty (VED, or road tax). If you’re considering salary sacrifice for an EV in 2026 or beyond, you’ll now pay £10 for the first year, then £195 annually from year two onwards. For cars with a list price over £40,000, there’s an additional £425 … Read more