Xiva X Octopus Electric Vehicles Partnership
Xiva is proud to recommend the 100% electric vehicle salary sacrifice scheme from Octopus Electric Vehicles.
What is the Octopus Electric Vehicles salary sacrifice scheme?
A salary sacrifice car scheme is an employee benefit that lets your team access a range of electric vehicles at no upfront cost.
Octopus EV salary sacrifice car scheme offers a number of tax and personal benefits savings for the employee who pays for their electric vehicle from their gross salary before tax.
Your team can save up to 40% on the monthly cost of a brand-new EV, while boosting your sustainability credentials with zero set up cost for your business. Plus, it's open to companies of all shapes and sizes.
You and your team get everything you need to hit the road from Octopus Electric Vehicles: car, charger, energy. The lot.
Want to find out more? Click here to register your interest.
Employer Focus + Benefits:
How does it work?
You, as a business, sign up to the scheme to provide it as an employee benefit to your team. Your team pays for a brand new EV from their gross salary, helping them save on National Insurance and Income Tax. As a business, you recover some **of the cost through the employee's gross pay.
Why is Octopus EV salary sacrifice great for your company?
- Hit your net zero targets and show both your team and your customers that you care about fighting climate change. On average, a business saves 8.2 tonnes per year with EV salary sacrifice.
- It boosts your benefits package. 75% of employees say that they’re more likely to stay at their work because of their benefits package.
- Pay less National Insurance. Your business saves on National Insurance, which many opt to put back into the scheme.
- Minimal risk with built-in early-termination protection for unforeseen circumstances.
- Your team gets the complete EV package. The car, charger, energy, insurance (subject to eligibility), servicing, maintenance, breakdown and tyres. The lot.
- That includes a free home charger with standard installation, plus 4,000 miles of free home charging.
- No off-street parking? No problem. You can get 4,000 free miles of credit on Octopus Electroverse. Check out the full T&Cs for these charging offers here.
- Bespoke Events for your team. Octopus EV organises bespoke events to help your team experience the world of EVs and give you everything you need to promote the scheme.
- 4.8 stars on Trustpilot. Octopus EV are rated as excellent for always giving impartial EV advice and dedication to customer care.
Want to find out more? Click here to register your interest.
Employee Focus + Benefits:
How does it work?
You get to drive a brand-new EV as a benefit from your employer, through one easy monthly payment. You pay for your new EV from your gross salary, saving you money on National Insurance and Income Tax.
What makes Octopus EV salary sacrifice great for the employee?
- Get the whole EV package
- In one simple monthly payment, you get access to a brand new EV, access to great charging offers, insurance (subject to eligibility), breakdown cover, maintenance and servicing and tyre replacement
- Ordering is hassle free
- The Octopus EV team is on hand to help you pick the perfect EV. They’re rated 4.8 on Trustpilot, so you’re in safe hands
- No upfront deposit required
- Plus no hidden surprises or fees. Everything you need is covered in one monthly payment for peace of mind.
- Cut your carbon emissions
- Drivers can save up to 2.7 tonnes of carbon per year vs. a petrol car
- Living with an EV is cheaper than a petrol or diesel car
- Over a quarter of Octopus Electric Vehicles’s drivers said they save £150 a month on fuel costs compared to their last petrol or diesel car
Want to find out more? Click here to register your interest.