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Any prices quoted are subject to changes in law, regulation, tax or duty beyond our reasonable control.
Octopus Electric Vehicles Limited is authorised and regulated by the Financial Conduct Authority, firm reference number 809736, company number 10754317.
Our registered address is UK House, 5th Floor, 164-182 Oxford Street, London, W1D 1NN. Octopus is a credit broker and a vehicle hirer but not a consumer credit lender. Octopus may introduce You to a panel of third-party lenders or hirers and in such circumstances may receive a commission.
VAT number 358672751
Get the 5 star rated EV salary sacrifice scheme
Electric car salary sacrifice is just like cycle to work, but faster. Sign up your company today.
Get startedBook a callAre you an employee?
Check out how much you could save with EV salary sacrifice, whether your company offers EV salary sacrifice yet or not.
Common questions
To join our electric vehicle salary sacrifice scheme, we first need to sign up your company and you'll then be contacted by our awesome team to help you join. If you need more information on all the in and outs of a salary sacrifice scheme the details from HMRC are found here.
How do I implement a salary sacrifice scheme?
What are the salary sacrifice costs to the employer?
We love answering this. It costs you nothing. Our salary sacrifice scheme is totally free for employers to set up. It’s a win-win. You get to supercharge your employee benefits package and your team can save up to 40% when they switch to an electric vehicle.
How do you make it easy to manage the scheme?
We make it hassle-free for employers to manage the scheme, with our digital-first approach. Through our dedicated HR dashboard, employers can get all the information about the scheme. This makes it simple to launch, approve orders, complete tax and carbon reporting and so much more.
Benefits of joining our salary sacrifice scheme
Fill out our form in 5 minutes
Check out savingsWhy choose the Octopus electric car scheme?
Over 7,000 employers are giving their employees the ultimate benefit with our electric car salary sacrifice scheme. They simply lease an EV from us and the employees pay for it from their pre tax salary - saving them money and making owning an EV more affordable.
Don't get left in the dust, join those forward thinking organisations and experience the electric revolution first hand.
Get in touchAttract & keep the best talent
75% of employees say that they're more likely to stay due to their employee benefits package.
Free to set up & easy to run
Free and easy to manage with our HR portal. Minimal admin, maximum team happiness.
Protection for your business
Protecting your business from the unexpected. We cover a wide range of events, from resignations to sick leave.
Boost Employee Retention with Octopus EV
More than half of employees (59%) are more likely to join or stay with an organisation if they have a comprehensive benefits package on offer.
Learn more
Our people are proud to have electric vehicles. I keep on recommending the scheme because the more electric cars on the road, the better.
James McMaster
CEO at Huel
The support from Octopus EV has been excellent. They’ve really held our hand through the process. It’s a no-brainer.
Jessica Burston
Associate Director of Estates and Environmental
Get the 5 star rated EV salary sacrifice scheme
Electric car salary sacrifice is just like cycle to work, but faster. Sign up your company today.
Get startedBook a callFill out our form in 5 minutes
Are you an employee?
Check out how much you could save with EV salary sacrifice, whether your company offers EV salary sacrifice yet or not.
Check out savingsBenefits of joining our salary sacrifice scheme
Attract & keep the best talent
75% of employees say that they're more likely to stay due to their employee benefits package.
Boost Employee Retention with Octopus EV
More than half of employees (59%) are more likely to join or stay with an organisation if they have a comprehensive benefits package on offer.
Learn more
Our people are proud to have electric vehicles. I keep on recommending the scheme because the more electric cars on the road, the better.
James McMaster
CEO at Huel
Why choose the Octopus electric car scheme?
Over 6,500 employers are giving their employees the ultimate benefit with our electric car salary sacrifice scheme. They simply lease an EV from us and the employees pay for it from their pre tax salary - saving them money and making owning an EV more affordable.
Don't get left in the dust, join those forward thinking organisations and experience the electric revolution first hand.
Get in touchFree to set up & easy to run
Free and easy to manage with our HR portal. Minimal admin, maximum team happiness.
Protection for your business
Protecting your business from the unexpected. We cover a wide range of events, from resignations to sick leave.
Jessica Burston
Associate Director of Estates and Environmental
The support from Octopus EV has been excellent. They’ve really held our hand through the process. It’s a no-brainer.
EV salary sacrifice explained
Salary sacrifice is a way of getting a shiny new EV saving up to 40%. The payments come out before tax, so your taxable income drops and you pay less in Income Tax and National Insurance.
In other words: money that would usually disappear to HMRC goes towards your new wheels instead.
And with Octopus EV, your monthly payment bundles in 4,000 free miles or a charger plus insurance, servicing, tyres, maintenance, breakdown cover, the whole shebang.
Personal leasing is more like a long-term rental but without the nice tax perks.
You’ll need an upfront deposit, plus monthly payments, and at the end you hand the car back or, if allowed, pay a big lump sum to keep it. No tax savings, no extras rolled in… just a regular lease.
Unless, you go with our Intelligent EV personal leasing package of course. In which case, you do get a few extra perks thrown in.
What’s the difference between salary sacrifice and personal leasing?
Personal leasing explained
Both costings are based on 40 year old, 40% taxpayer taking out a 48 month lease with 5k miles per year. Personal lease rentals and other items are estimated averages from third party sources and will vary by driver and location. Insurance is usually the biggest variable. Pricing correct as of 09/03/2026.
What's the difference between salary sacrifice and personal leasing?
Salary sacrifice is a way of getting a shiny new EV saving up to 40%. The payments come out before tax, so your taxable income drops and you pay less in Income Tax and National Insurance.
In other words: money that would usually disappear to HMRC goes towards your new wheels instead.
And with Octopus EV, your monthly payment bundles in 4,000 free miles or a charger plus insurance, servicing, tyres, maintenance, breakdown cover, the whole shebang.
Personal leasing is more like a long-term rental but without the nice tax perks.
You’ll need an upfront deposit, plus monthly payments, and at the end you hand the car back or, if allowed, pay a big lump sum to keep it. No tax savings, no extras rolled in… just a regular lease.
Unless, you go with our Intelligent EV personal leasing package of course. In which case, you do get a few extra perks thrown in.
EV salary sacrifice explained
Personal leasing explained
Both costings are based on 40 year old, 40% taxpayer taking out a 48 month lease with 5k miles per year. Personal lease rentals and other items are estimated averages from third party sources and will vary by driver and location. Insurance is usually the biggest variable. Pricing correct as of 09/03/2026.
Super simple. First we get your company signed up. Then our brilliant team will guide you every step of the way. Want to see if your company's ready to jump on board? Take this quick employee survey and find out.
How do I implement a salary sacrifice scheme?
What are the salary sacrifice costs to the employer?
Drumroll… zero. Zip. Nada. Setting up our scheme costs employers nothing. They get to look like heroes with a boosted benefits package, and you get to save up to 40% on your new EV. Everyone wins.
How do you make it easy to manage the scheme?
We keep it slick and stress-free. Our digital HR dashboard puts everything at the employers’ fingertips. Approve orders, handle tax and carbon reporting, with a dedicated account manager by your side every step of the way.
Where did you get your average costings from for the personal leasing example?
Personal contract hire lease numbers from leasing.com, insurance and average car running costs in the UK from Nimble Fins. AA breakdown recovery costs, Checkatrade tyres on the assumption that one set of tyres has been changed in the last 20k miles.
Where did you get your average costings from for the personal leasing example?
Personal contract hire lease numbers from leasing.com, insurance and average car running costs in the UK from Nimble Fins. AA breakdown recovery costs, Checkatrade tyres on the assumption that one set of tyres has been changed in the last 20k miles.
Why choose the Octopus electric car scheme?
Over 7,000 employers are giving their employees the ultimate benefit with our electric car salary sacrifice scheme. They simply lease an EV from us and the employees pay for it from their pre tax salary - saving them money and making owning an EV more affordable.
Don't get left in the dust, join those forward thinking organisations and experience the electric revolution first hand.
Get in touchWhy choose the Octopus electric car scheme?
Over 6,500 employers are giving their employees the ultimate benefit with our electric car salary sacrifice scheme. They simply lease an EV from us and the employees pay for it from their pre tax salary - saving them money and making owning an EV more affordable.
Don't get left in the dust, join those forward thinking organisations and experience the electric revolution first hand.
Get in touch
