Here you’ll find some examples of what a brand new electric car will cost when you choose the Pink Salary Exchange car scheme.
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Financial Example
Porsche Taycan Saloon
20% Tax Rate
=£1013 p/m
40% Tax Rate
=£893 p/m
45% Tax Rate
=£826 p/m
60% Tax Rate
=£626 p/m
Financial Example
Porsche Taycan Saloon
20% Tax Rate
=£1013 p/m
40% Tax Rate
=£893 p/m
45% Tax Rate
=£826 p/m
60% Tax Rate
=£626 p/m
Financial Example
Polestar 2 Fastback
20% Tax Rate
=£462 p/m
40% Tax Rate
=£410 p/m
45% Tax Rate
=£380 p/m
60% Tax Rate
=£291 p/m
Financial Example
Polestar 2 Fastback
20% Tax Rate
=£462 p/m
40% Tax Rate
=£410 p/m
45% Tax Rate
=£380 p/m
60% Tax Rate
=£291 p/m
Financial Example
SEAT Mii One Electric
20% Tax Rate
=£335 p/m
40% Tax Rate
=£208 p/m
45% Tax Rate
=£194 p/m
60% Tax Rate
=£150 p/m
Financial Example
SEAT Mii One Electric
20% Tax Rate
=£335 p/m
40% Tax Rate
=£208 p/m
45% Tax Rate
=£194 p/m
60% Tax Rate
=£150 p/m
Financial Example
Mercedes-Benz EQA
20% Tax Rate
=£458 p/m
40% Tax Rate
=£409 p/m
45% Tax Rate
=£379 p/m
60% Tax Rate
=£294 p/m
Financial Example
Mercedes-Benz EQA
20% Tax Rate
=£458 p/m
40% Tax Rate
=£409 p/m
45% Tax Rate
=£379 p/m
60% Tax Rate
=£294 p/m
Financial Example
Peugeot E-208
20% Tax Rate
=£352 p/m
40% Tax Rate
=£312 p/m
45% Tax Rate
=£289 p/m
60% Tax Rate
=£221 p/m
Financial Example
Peugeot E-208
20% Tax Rate
=£352 p/m
40% Tax Rate
=£312 p/m
45% Tax Rate
=£289 p/m
60% Tax Rate
=£221 p/m
Financial Example
DS3 Crossback
20% Tax Rate
=£375 p/m
40% Tax Rate
=£332 p/m
45% Tax Rate
=£307 p/m
60% Tax Rate
=£234 p/m
Financial Example
DS3 Crossback
20% Tax Rate
=£375 p/m
40% Tax Rate
=£332 p/m
45% Tax Rate
=£307 p/m
60% Tax Rate
=£234 p/m
Financial Example
Kia E-Niro Estate
20% Tax Rate
=£433 p/m
40% Tax Rate
=£383 p/m
45% Tax Rate
=£355 p/m
60% Tax Rate
=£270 p/m
Financial Example
Kia E-Niro Estate
20% Tax Rate
=£433 p/m
40% Tax Rate
=£383 p/m
45% Tax Rate
=£355 p/m
60% Tax Rate
=£270 p/m
The figures above are the estimate of the true net monthly cost to the employee of taking this car via salary sacrifice. It includes the car, full maintenance and insurances.
The figures are based on the employee’s marginal rate of income tax* which impacts on the net salary sacrifice value
* Employee’s total income including tax charge on company car
** Note there is no 60% band. However on earnings from 100k to 125k the personal allowance is withdrawn at 50p for every extra £1. This acts effectively like a 60% band