How It Works

Pink Salary Exchange is our version of a salary sacrifice car scheme and it works in a very similar way to other salary sacrifice benefits (like Cycle to Work). These salary sacrifice schemes have been approved by HMRC and offer a multitude of benefits to employers and employees. 

Essentially, an employee will ‘exchange’ part of their salary for a new car with a CO2 of below 76g/km. Your employee can choose a brand new electric or hybrid vehicle as part of the scheme and Pink Salary Exchange will manage the entire process to make things as seamless as possible.

The deduction for HMRC approved product or service is from gross salary instead of net which reduces the real cost to the employee and saves NI contributions.

Save Money

Get employer &
employee benefits

Reduce your carbon footprint
with an EV / Hybrid car

Get Started In 3 Simple Steps…

1

Apply Now
Use our quick application form – simply enter company name, contact details, no. of employees and company registration number. We will immediately start the process of creating your own salary
sacrifice management!

2

Get Validated
Within 1 hour you will receive your login details for the secure website where you can access your exclusive salary sacrifice portal. 

3

You’re Approved!
Within 8 working hours you will have a fully managed, live salary sacrifice car scheme! Don’t forget, you can call us at any point for help and advice on
0116 2488148 or email
enquiries@pinksalaryexchange.co.uk

Apply Now

Online Portal

Take a look at the photos of the exclusive online portal that you get as standard as part of the Pink Salary Exchange…
The portal is personalised to your business and allows you to manage key parts of the scheme online, anytime!

• View in an instant everything from emissions to accidents.
• Invite single or multiple employees and have access to basic reports.
• Access all key documents you need, including scheme rules & policies, change to Ts & Cs form, employee agreement, HMRC compliant scheme terms and the scheme launch communication.

Once we confirm your portal is set up and ready to go, you can issue it to your employees and invite them via email to log in to the quote and ordering system. This is the same as any other salary sacrifice scheme your employees give up as part of their gross salary in return for a new or used car of their choice. 

Don’t forget, included with every Pink Salary Exchange scheme is insurance, maintenance, servicing, tyres, breakdown and accident management – just add the fuel! 

Is The Pink Salary Exchange Right For Me?

Advantages

  • Get access to a huge range of EV & Hybrid vehicles at discounted rates
  • Save ££ on tax and national insurance as the deductions are from your gross pay.
  • No deposit / upfront payment required
  • 24/7 driver support from Pink Salary Exchange, giving you 100% peace of mind
  • Roadside recovery & maintenance included as standard
  • Just add fuel! Everything else is taken care of
  • No credit check is required

Considerations

  • Benefit-in-Kind tax will need to be paid, but any price we quote you takes this into account so you can see the full price of the car and tax with no hidden extras.
  • The Pink Salary Exchange offers the most flexible contract lengths available, but you still need to consider if the contract length is right for you. We offer contracts from 6 to 48 months.
  • If you switch employers, you may be asked to take the car personally, although do take a look at The Pink Salary Exchange Community to see how we can help you with this.
  • Your gross salary is reduced when you choose a salary sacrifice car scheme, which may impact on other benefits you have or your pension contribution.

Did you know...

We are the only salary exchange company to use a select panel of funders that guarantee the very best rate for each vehicle, which benefits the employer and the employee. This means you could make savings of more than 25% compared to other salary sacrifice car schemes!

Tickling HQ,
Harcourt Way,
Meridian Business Park,
Leicester,
LE19 1WP

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