Electric Vehicle Salary Sacrifice Scheme
Drive a brand-new electric car through Imperial's employee benefit scheme and enjoy a simpler, more affordable way to switch to electric.
Through Tusker's salary sacrifice scheme, one monthly amount is taken from your gross salary before tax and National Insurance deductions.
This means you could save money compared to funding a vehicle yourself, while enjoying all the benefits of driving electric.
Further Information
- Why consider the scheme?
- How Does it Work?
- Eligibility
- How Do I Sign Up
- What’s included
- Salary Sacrifice Arrangement
- Access a wide range of brand-new electric vehicles
- Potential tax and National Insurance savings through salary sacrifice
- Lower running costs compared with many petrol and diesel cars
- A convenient all-in-one package designed to make motoring easier
- No deposit to pay
Browse available vehicles through the Tusker online portal and compare personalised quotes based on your salary, address and driving history.
Once you've chosen your vehicle, submit your order online.
Following approval and eligibility checks, Tusker will place the order with the manufacturer and keep you updated on delivery progress through your online account.
The scheme is available to employees who:
- Have completed at least six months' service with Imperial
- Have an employment contract extending beyond the minimum two-year agreement period
To request a quote and view the available range of cars, visit the Tusker website. To create an account, you will need your company code "IMPE" and your Staff ID Number (CID), excluding the leading zeros. You can find these on your payslip and Imperial ID card.
If you need any support in signing up, you can contact hrrewardandbenefits@imperial.ac.uk
What's included in your monthly amount?
- Brand-new electric car
- No deposit required
- Fully comprehensive insurance
- Servicing, maintenance and repairs
- Replacement tyres
- RAC breakdown cover with onward travel
- 24/7 driver support
- Accident management support
- Lifestyle protection for qualifying life events
- Option to add additional drivers
One simple monthly amount, with most of your car-running costs covered.
Salary sacrifice means you exchange part of your gross salary in return for a benefit – in this case, a new car and all the added extras shown above. The salary is sacrificed before Income Tax and National Insurance are deducted, so you pay less tax and National Insurance. We will ensure your salary does not fall below the National Living Wage, especially if you already use salary sacrifice (e.g., for a pension). As this is a benefit provided to you, Benefit in Kind (BiK) tax will be due.
BiK is a tax on benefits provided by your employer in addition to your salary. The Government is incentivising Electric Vehicles (EVs), which are cars registered with tailpipe carbon emissions of 0g/km CO2; therefore, the savings you make on EVs will outweigh the BiK due.
You can find more information about Benefit in Kind on the Tusker website.
The Tusker Car Benefit Scheme - How does it work?
FAQs
Please visit the Tusker portal and click on the salary sacrifice option for Tusker's FAQs
Imperial specific FAQs
- How will salary sacrifice impact my pension?
- What happens to my salary sacrifice deductions whilst I am on maternity leave?
- Who Can Apply?
- What Car Lease Terms Are Available?
This depends on what pension scheme you are a member of.
SAUL and USS recognise salary sacrifice and it doesn’t reduce pensionable pay. The NHS do not, therefore pensionable pay is reduced.
If you are entitled to Imperial’s enhanced pay provisions, then deductions for the electric vehicle will continue as usual for the first 18 weeks of maternity leave. From week 19 onwards, when you are on statutory pay and then unpaid leave (if applicable), the deductions will stop being taken from your salary, and will be covered by Imperial. Once you return to work following family leave, and your full pay is re-instated, the deductions will continue.
Imperial Salaried Staff
If you are on a fixed term contract please contact hrrewardandbenefits@imperial.ac.uk
Please note this scheme is not available to PHD Students, GTA staff or Casual workers.
Imperial Staff can choose 1 of 3 lease options.
- 24 Months
- 36 Months
- 48 Months