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CVM Group In partnership with Gofor Finance

Salary sacrifice, run for you end to end.

Let your team swap a slice of gross salary for a brand-new electric car. They save on tax and National Insurance. You cut employer NI and carbon, with no fleet admin landing on your desk.

CVM Group sets the scheme up and looks after your people. Gofor powers the vehicle choice, funding and driver portal behind it.

100% Electric CVM electric vehicle plugged in and charging
The scheme

What is salary sacrifice for electric vehicles?

Your employee gives up an agreed amount of gross salary each month. In return they get an electric car of their choice, fully insured, taxed and maintained.

Because the deduction comes out before tax, they pay less income tax and National Insurance — and you pay less employer Class 1 NI on the salary you no longer pay.

Electric cars sit in the lowest Benefit-in-Kind bands, which is why the maths only works this well on EVs. It is the cheapest legitimate route to a new car for most of your workforce.

How the money moves
01Employee picks an EV from the Gofor driver portal.
02A fixed monthly amount is deducted from gross pay.
03Tax and NI are calculated on the reduced salary.
04Car is delivered, maintained and insured for the term.
2%

Benefit-in-Kind rate on a fully electric car — against up to 37% on petrol and diesel.

£0

Capital outlay for your business. No deposit, no fleet on the balance sheet.

For employers

What your business gets out of it

A benefit your people genuinely want, funded largely by tax that would otherwise have gone to HMRC. We implement the scheme, Gofor handles funding and vehicle management.

Lower employer NI

Every pound sacrificed is a pound you no longer pay Class 1 National Insurance on.

A benefit that retains

A brand-new car is a far louder recruitment signal than another voucher scheme.

Real progress to net zero

Grey fleet emissions fall measurably — evidence you can put in a CSR or ESG report.

No admin burden

Documents, deliveries, servicing and driver queries all sit with us and Gofor.

For employees

What your people get out of it

One fixed monthly deduction covers the car, insurance, servicing, tyres, road tax and breakdown cover. Nothing else to arrange.

Employee with a new electric vehicle

Income tax and NI savings

The deduction comes from gross pay, so a chunk of the cost is money that would have gone in tax.

Cheaper than a personal lease

For most drivers the net monthly cost undercuts an equivalent lease — with insurance included.

Everything maintained

Servicing, tyres, MOT and breakdown cover are in the contract from day one.

Pennies per mile

Home charging costs a fraction of a tank of fuel, and there is far less to go wrong.

No credit check

The agreement sits with the employer, so personal credit files are untouched.

Brand-new, their choice

A wide EV range through the Gofor portal, from city runarounds to seven-seaters.

Run the numbers

Salary sacrifice calculator

Pick a car, enter a salary, and see the net monthly cost against a personal lease. Hosted by our partner Gofor.

Open the calculator
Already on the scheme

EV driver portal

Compare electric vehicles against your budget, track your order and manage your car in one place.

Go to the portal

Ready to put electric cars in front of your team?

Tell us your headcount and we will come back with an indicative scheme, take-up estimate and the NI saving for your business.

CVM Group Gofor Finance

Salary sacrifice is delivered by CVM Group in partnership with Gofor. Vehicle funding, driver portal and scheme administration are provided by Gofor. Any details you share with CVM Group about salary sacrifice will be passed to Gofor so they can provide quotes and administer the scheme. Tax treatment depends on individual circumstances and current legislation.

Office Address

Spectrum, 1600 Parkway Solent Business Park, Fareham,
PO15 7AH

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 16:00

Financial Conduct Authority

Complete Vehicle Management Ltd, trading as CVM Group, is authorised and regulated by the Financial Conduct Authority (Financial Reference Number 682537). We act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. Finance approval is subject to acceptance based on the customer's credit history. We reserve the right to refuse or withdraw finance offers if the customer does not meet the required credit criteria. The decision on whether finance is approved is at the sole discretion of the finance provider, and no guarantee is provided that finance will be granted. We will receive a commission payment from the finance or hire provider if you decide to enter into an agreement with them. You can request us to disclose the amount of any commission received. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at www.financial-ombudsman.org.uk. Registered in England & Wales Company no. 03068719; FCA No: 682537; VAT No: 665 0838 17; ICO No: Z7001446. Calls are recorded for training and monitoring purposes.

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