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Business Guides

Does Salary Sacrifice affect tax - and is it worth it?
Business Guides

Does Salary Sacrifice affect tax - and is it worth it?

Employers become more tax efficient with dividends, expense claims and director loans. Employees, on the other hand, have their own option: a Salary Sacrifice. This enables you to take a benefit in lieu of a portion of your income, cutting your taxable earnings down. Overall, you can emerge with more gains from your work, even though you’re reducing monthly PAYE wages.

Electric car Salary Sacrifice schemes
Business Guides

Electric car Salary Sacrifice schemes

At DriveElectric, we have a hassle-free EV car Salary Sacrifice scheme . Your employees can enjoy the benefits of driving an electric car. And for your company, it’s another push towards your sustainability goals. But how does it work for you and your employees.

Electric company car tax explained
Business Guides

Electric company car tax explained

April 2020 was a watershed moment for electric vehicles (EVs) as company cars. The UK government slashed electric company car tax, instantly making EVs much more attractive for businesses and employees. Here we take a look at what company car tax is, what’s changed, and how it compares between different types of cars.

Electric vehicles and their environmental impact
Business Guides

Electric vehicles and their environmental impact

If you’re looking at electric vehicles, environmental impact is probably high on your list of priorities. There are plenty of benefits of making the switch to electric. The positive impact on our environment is one of the biggest and best, especially if you have a business that runs a fleet of vehicles. Here we look at how and why EVs can play a major role in your company fleet.