September 17, 2021

News: Electric car subscription service Onto introduces business offering

Electric car subscription service Onto introduces Onto for Business to offer flexible corporate mobility choices

All-inclusive electric car subscription service Onto introduces Onto for Business to help both employers and employees make greener mobility choices. With Onto, businesses can access a flexible option for both Company and Salary Sacrifice schemes that enable tax savings with no long-term commitment.

Onto for Business offers companies and their employees flexibility and convenience. Companies receive one-month invoices, to easily manage their fleet, while employees can decide at any time to continue, cancel or swap their cars for a different model. Also, the cars are delivered for free to the employees door. The all-inclusive price incorporates *1,000 miles, insurance, breakdown cover, wear and tear, service and repair and free public charging at over 11,000 charge points.

There are significant tax savings to be made by going electric. Zero-emission cars pay only 1% Benefit-In-Kind tax, and new tax regulations for the salary deduction scheme means both the employer and employee make substantial savings by going electric. For example, an Audi E-Tron 55 Quattro Black Edition on a higher tax band will cost you just £27 per month in Benefit-In-Kind taxation, while a petrol contender like the Audi Q7 45 TDI Quattro Vorsprung 231PS Tiptronic will cost you £1,016 per month.

The new Salary Sacrifice Calculator takes these regulations into account to easily work out savings and work out the monthly cost.

Rob Jolly, CEO and co-founder at Onto, said:

“Onto for Business is an exciting proposition for corporations. As the shift to electric vehicles progresses and companies want to improve their carbon footprint, we offer a cost-effective and flexible solution. Companies shouldn’t need to compromise on quality for it to be a win-win for both the planet and the wallet. We look forward to driving the growth in electric company cars and making EVs accessible to all.”

For more information, visithttps://on.to/business

Subject to availability. Availability and delivery information correct at 21.07.2021

*Fees for excess mileage and vehicle damage charges other than wear and tear may be payable. Mileage included in the subscription fee is 1,000 miles per month. Additional mileage can be purchased in advance through mileage packages. All contracts are subject to terms and conditions as detailed in the Contract Hire agreement. The car is registered for the London congestion zone and ULEZ.

The minimum subscription period is 1 month, For full terms and conditions see https://on.to/about-us/terms-conditions/

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