According to Andrew Leech, MD and founder of the electric vehicle salary sacrifice and fleet management provider, Fleet Evolution, an EV provided under a salary sacrifice car scheme remains far more cost and tax efficient than an equivalent Internal Combustion Engine model.
This is not just because of the lower fuel costs, but also because of the all-inclusive nature of the terms of the scheme, which typically includes all SMR, tyres, windscreen, breakdown and recovery and insurance costs. With the price of oil in the world market constantly rising, the salary sacrifice electric car scheme is becoming a more and more attractive option for employees.