CBS Automotive Salary Sacrifice is a unique, HMRC-compliant solution designed for automotive retailers. It blends tax-efficient salary sacrifice with short, flexible vehicle cycles, giving you and your employees access to brand-new Electric Vehicles (EVs).
Designed exclusively for the automotive industry, developed with King’s Counsel guidance and not available from any other provider, here’s what makes our salary sacrifice unique.
Short, Flexible Vehicle Cycles* Increase your volume of registrations by changing vehicles every 6-months, and mitigating RV risk.
Blended Solutions Combine EVs with your existing petrol, diesel, hybrids, and PHEVs all under one scheme provider.
Tax Savings Benefit from salary sacrifice efficiencies and low Benefit-in-Kind (BiK) rates.
No Class 1A National Insurance Contributions (NICs) Reduce your business costs while enhancing employee benefits.
*In accordance with minimum holding periods and HMRC rules.
Employer Benefits
A legitimate volume channel for EVs.
Lower business costs through tax efficiencies.
Meet EV registration targets^ and manufacturer requirements.
Off-balance sheet funding options.
Robust compliance backed by legal expertise.
^Subject to manufacturer and scheme conditions.
Employee Benefits
Affordable access to brand-new EVs.
Savings on income tax and NICs.
No deposit required.
Is CBS Automotive Salary Sacrifice right for your business?
CBS Automotive Salary Sacrifice allows you to offer a no-cost car benefit to some or all of your employees, which can complement your existing car scheme and be delivered by a single provider. You can also enhance savings by controlling the level of benefit and adjust RV and mitigate risk.
You have the flexibility to change cars as required - in accordance with minimum holding periods - increasing your registration volume potential.
Offering multiple schemes can unlock significant savings for both your business and your employees, making car benefits more affordable.
Brand Ambassadors
Blended employee car schemes bring together the best of Employee Car Ownership Schemes (ECOS) and salary sacrifice - giving your business the ability to create brand ambassadors on any scheme.
Tailored Packages
Build a car benefit that fits your workforce. One size doesn’t work for everyone - blended solutions let you shape what does. We’ve got a solution for every driver and every fuel type, so you can manage you handle the Zero Emission Vehicle (ZEV) Mandate at a pace that suits your business.