A salary sacrifice car scheme is an arrangement that allows you to give up a portion of your pre-tax salary in return for a comprehensively insured, fully maintained vehicle.
Obtaining a vehicle through a salary sacrifice scheme can save you on average 20% to 30% compared to purchasing or leasing a vehicle privately. Keep scrolling for Alex's new car casestudy.
Benefits for you
Athlon offers unlimited, personalised quotes based on your car choice and mileage to ensure you find the perfect vehicle for you. Athlon's expert team is also on hand to support you throughout the term of your lease.
Alex earns £30,000 per year and travels an average of 8,000 personal miles a year. Her business mileage is reimbursed separately at the agreed rate. Her choice of car is an electric Vauxhall Corsa-e on a 36-month contract.
| Pays | Saves | ||
|---|---|---|---|
| Salary sacrifice payment (pre-tax and no VAT paid) |
£428.98 | - | |
| Savings on Income Tax + NI | - | £211.06 | |
| Benefit in kind tax | £9.75 | - | |
| TOTAL | £227.67 | - | |
