Managing the Scheme

The Charge Card is designed to be cost-neutral for employers. loveelectric charges a service fee equivalent to the National Insurance Contributions (NIC) savings generated through the salary sacrifice arrangement, meaning the scheme effectively pays for itself. There is no fee charged to the employee — they keep their full tax savings.
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Once an order is submitted and countersigned, employers are asked to add initial funds to a Stripe Connect account, held in the employer's name but managed by loveelectric. The service fee is collected separately by direct debit. Each month, the employee's salary deduction — along with the employer's VAT recovery — nets out the costs.

To keep this straightforward, loveelectric provides a monthly payroll report that breaks down the costs, required salary deductions, and top-up amounts for every driver on the scheme.
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When an employee taps at a public charger, the charge point operator will often pre-authorise an amount before the session begins — in some cases up to £50. The £100 employer float ensures there's always a sufficient balance available on the card for these pre-authorisations, guaranteeing a smooth experience for drivers. The float is not visible to the employee in their card balance, and it is fully refunded to the employer when the contract ends.
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Each month, loveelectric issues an itemised payroll report listing all Charge Card users and their required deduction amounts. You simply submit the deductions via payroll to recover costs from employees' gross salaries. For support with this process, contact [email protected]
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Yes. As with any salary sacrifice arrangement, a new employment contract addendum must be issued to each participating employee. loveelectric provides a simple template for this. Employees must sign to authorise the monthly salary deduction — this is required under both employment law and HMRC rules.

No. The cost of EV charging is not a taxable benefit and does not need to be included in P11D submissions.
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Yes. loveelectric has worked with specialist tax advisors to ensure the Charge Card is fully aligned with HMRC requirements. The card is restricted to EV charging only (via Merchant Category Code controls), provides clear transaction records, is only be used for personal vehicles, and includes fraud prevention measures. A full Compliance Guide is available on request.
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The card is locked at a technical level to only work with public chargers and home energy providers, so it cannot be used for any other purchases. Additional safeguards include: