@wmcforum
Unfortunately you can’t just do a calc on wage of £1,000, salary sacrifice reduces you wages for tax purposes.
The quote tool is open for anyone to use (google octopus ev) without putting your details in to get a quote based on your own wages
. my situation, I unfortunately currently pay 40% tax on a small portion of my wage, if i went through the scheme i would not pay 40%.
Its not for everyone, but is an option, below is workings based on annual cost based on my earlier choices
Salary Sacrifice scheme:
Annual Cost £7872 (656 x 12)
PIP paid to me £3354 instead of used for motability
Net annual Cost £4518 (£7872 less 3354)
Motability (assuming keeping car for 4 years:
PIP Annual Value £3354
AP (1 years worth)£1725 assuming AP split over lease of vehicle
Total Motability cost £5079