Octopus Electric Vehicles | Salary Sacrifice Hub
Drive electric through salary sacrifice
Access a brand-new electric car through your employer, with the monthly cost taken from gross salary before Income Tax and National Insurance.
Eligibility, employer participation, vehicle availability and Octopus EV terms apply. Savings vary by individual circumstances.Octopus EV advertises savings of up to 40%. Actual savings depend on your tax band and personal circumstances.
Octopus EV states that its scheme is free for employers to set up.
Employees pay the agreed monthly amount after the vehicle is delivered.
A simple route for employees and employers
Energy Efficient You Ltd can introduce the scheme as an authorised partner, while Octopus Electric Vehicles manages the vehicle proposition and scheme journey.
See what an EV could cost you
Your employer reduces your gross salary by an agreed amount in return for the electric-car package. This can reduce Income Tax and National Insurance.
- Browse eligible new electric cars
- Compare potential salary-sacrifice savings
- No upfront employee payment
- One monthly deduction from salary
Add an EV benefit to your workplace
Offer employees access to electric cars without an employer setup fee, supported by Octopus EV’s digital scheme-management tools.
- Free to set up
- HR management portal
- Employee-benefit and sustainability support
- Business protection options subject to scheme terms
More than the car
The employee package is designed to bundle the practical costs of running the lease into one monthly arrangement.
- Servicing and maintenance
- Repairs and replacement tyres
- Breakdown cover
- Comprehensive insurance*
*Insurance eligibility, employer choices and exclusions apply.
From workplace sign-up to your driveway
Employer joins
Your organisation sets up the Octopus EV salary-sacrifice benefit.
Employee explores
Eligible employees compare cars, packages and estimated take-home-pay impact.
Order is approved
The employer approves the order and the salary-sacrifice agreement is completed.
EV is delivered
Monthly deductions begin once the vehicle is on the employee’s driveway.
Why salary sacrifice can reduce the monthly cost
The agreed car payment is taken from gross salary, reducing taxable pay. Employees can therefore save Income Tax and National Insurance, although electric cars remain subject to Benefit-in-Kind tax.
Open the Octopus EV calculatorEV salary-sacrifice FAQs
Does my employer need to offer the scheme?
Yes. The vehicle is provided through a salary-sacrifice agreement with your employer. If your employer has not joined, they can submit an employer enquiry.
Do I need to be an Octopus Energy customer?
No. Octopus EV states that employees do not need to receive their home energy from Octopus, although some charging benefits and tariffs have their own conditions.
Is insurance included?
Comprehensive insurance is included as standard on the employee proposition, subject to eligibility criteria, employer choices and exclusions.
Can salary sacrifice affect other benefits?
Potentially. Because gross salary is reduced, employees should check the effect on pension contributions, mortgage applications, statutory pay and other salary-related benefits before signing.
What happens if I leave my job?
Early-termination protection may apply in specified circumstances, but availability is at the employer’s discretion and is subject to the scheme agreement.
EV salary sacrifice resources
Explore the scheme, share a quick overview with your team or plan how electric vehicles fit into your organisation’s net zero goals.
Download the guides
Watch the explainers
Ready to explore electric-car salary sacrifice?
Choose the route that applies to you and continue with Octopus Electric Vehicles.
