DF Capital has launched an electric vehicle salary sacrifice scheme for its 95 employees.
The lending and personal savings bank said the initiative, run in partnership with Octopus Electric Vehicles, will make driving a new electric car more affordable for employees. Payments are made directly from gross salaries, creating savings on income tax and national insurance.
More than 30 cars are available to staff through the scheme, including the Tesla Model 3, Nissan Leaf, BMW i3 and Hyundai Kona. Employees give the cars back after leases of two to four years and can select a mileage allowance of up to 30,000 miles.
Distribution Finance Capital Holdings plc (LON:DFCH) is UK specialist commercial lending and personal savings bank. From straightforward savings to practical finance solutions, our aim is to help customers manage and grow their business or savings. Founded as a specialist commercial lender in 2016, DF Capital was authorised as a bank in September 2020.