Andrew Davies
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RE: Salary sacrifice electric car
Hi.
Please can you clarify.
My employer is saying they can only use my basic salary, rather than my total annual taxable salary with same employer, when calculating the cost of an EV car with salary sacrifice. This greatly increases the EV monthly cost compared to if my OTE is used, owing to regular annual bonus I am paid.
Is my employer correct as it doesn't make it worthwhile?
Thanks.