Unlock the Editor’s Digest at no cost
Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication.
Frozen earnings tax thresholds and an increase in nationwide insurance coverage charges have boosted the enchantment of wage sacrifice schemes for each employees and employers trying to decrease their tax burden.
Schemes that fund the acquisition of an electrical automobile have change into particularly standard, as the federal government seeks to facilitate the inexperienced transition and staff make use of the decrease benefit-in-kind charges on EVs.
Have you ever purchased an EV utilizing a wage sacrifice scheme? We’re trying to discuss to readers about their expertise. Did you reap the benefits of a scheme to decrease your tax legal responsibility or to make the price of shopping for an electrical automobile extra inexpensive?
Has the scheme labored for you, or do you remorse signing up? The federal government is elevating tax charges for EVs which can be bought as firm vehicles over the approaching years; will you proceed to utilize the scheme? Electronic mail us at money@ft.com.