iLease® Electric
iLease® Electric

iLease® Electric

Members receive tax savings on their purchase.

  • Access to a huge range of brand-new electric vehicles
  • Substantial tax savings for employees
  • Helping the climate crisis with eco-friendly vehicles
  • Access to special offers for home/office charging stations with our partners Project Better Energy.

About iLease® Electric

CVM Group's iLease® Electric is designed to make it easy for employers to offer their employees a Battery Electric Vehicle (BEV), in a highly tax-efficient way - a Salary Sacrifice scheme, which replaces part of an employee’s salary with a BEV. We focus on BEVs because, with zero CO2 emissions, they are the greenest solution and the tax benefits are the greatest. For the majority of employed taxpayers, adopting this Salary Sacrifice option will create a huge saving - reducing the amount of income charged to Income Tax (through PAYE) and reducing earnings on which employees' National Insurance Contributions (NIC) are charged.

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