Pros and cons of salary sacrifice for acquiring an electric company car

If readers spend any time reviewing either the fleet or human resources press on a regular basis they will be aware of the volume of articles appearing on electric cars and the offering of these using a salary sacrifice arrangement. These articles overwhelmingly set out the virtues of the use of salary sacrifice talking about the significant potential cost saving which are available.

To some it may seem that the motor industry is now interested only in electric technology. These articles tend to suggest that the acquiring an electric car on a salary sacrifice package is the best solution for the employee but often remain silent on the impact on the employer who is funding the particular arrangement.

It is clear that the use of salary sacrifice does potentially deliver savings for the employee but there are some points which need to be considered before deciding...