EV salary sacrifice explained
Everything you need to know in 30 minutes.
Everything you need to know in 30 minutes.










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Cost-neutral, simple to run, and genuinely loved by employees.

EV salary sacrifice with loveelectric costs your business nothing to set up or run. No budget impact, no payroll increase.
Your business is never left out of pocket if an employee needs to end their lease early. Peace of mind from Day 1
15 minutes of admin per month on average. We handle the complexity so your team doesn't have to.
No setup fees, no minimum order requirements. From sign-off to live scheme in under a week.
The number one concern we hear from HR and People teams is: what happens if an employee leaves mid-lease? With loveelectric's Zero Risk Guarantee your business is supported from Day 1

Immediate certainty for your business. As soon as an employee takes delivery, we ensure that your business is never left out of pocket - regardless of how the lease is terminated.
Zero Risk Guarantee is included as standard at no extra cost, ensuring your business gains complete assurance without any financial burden.
Through our Zero Risk Guarantee, we rehire vehicles that are returned early. By doing so, we're able to offer a range of nearly-new EVs to your employees at hugely discounted rates.
Reimbursement is made within 10 days of being approved. The process is simple and easy, avoiding the need for any debt collectors or the use of the small claims courts.

If you’re an employer, the general rule of thumb is that your business will need to have been trading for at least 2 years and be profitable. There are some exceptions though, so you can use our eligibility checker to know for sure.
Our service fee is the equivalent of the Employer's NIC Savings - ensuring it remains cost-neutral for your business. As a B Corp certified business, our pricing is transparent in order to prioritise employee savings and employer trust over short-term profits.
Yes — loveelectric includes our market-leading Zero Risk Guarantee (ZRG), designed to support employers if an employee leaves during their lease.
We know that long-term contracts can feel uncertain for businesses. That’s why our Zero Risk Guarantee is built to reduce financial risk and give employers greater peace of mind from Day 1 when offering EV salary sacrifice.
Learn more about our Zero Risk Guarantee.
No. Most employers spend 15-30 minutes a month on scheme admin. Simply approve orders and make a single adjustment to payroll - we provide concise templates and an easy-to-follow guide for the payroll adjustments.
No. We provide a simple monthly payroll report, which has been designed to integrate smoothly with most payroll systems.