Cycle to Work is a smart, cost effective and simple way to get a new BIKE, Clothing and safety related ACCESSORIES*. It has significant tax advantages saving an extra 25% and 42% depending upon your income tax rate. You can even take advantage of selected SALE bikes and make extra savings. Use our calculator to work out what you could save and your monthly salary costs.
You can select a bike for which ever route you take to work, even a full suspension mountain bike. Spread the costs over 12 or 18 months, and pay zero interest, with no credit checks!
Pedal over to our cycle to work shop here and start shopping now!
*Accessories are as follows - Cycle helmets, Lights, Bells and Bulb horns, Locks and Chains, Mirrors, Mud guards, Children’s seats – NOT Trailers, Reflective and high-visibility clothing and accessories, Panniers/Luggage carriers, Pumps, Puncture repair kits/Cycle tool kits - specifically for minor repairs only. Cleats/Cycling shoes, Frames, Groupsets, Gears, Brakes, Brake discs, Wheels, Cranksets and Cassettes.
|RRP||Cycle Scheme Price|
|£599.97||£425.98 (basic rate taxpayer)||£365.98 (higher rate taxpayer)|
|12 monthly hire payments|
|1 End of hire payment|
|Total percentage saving|
If your employer is not set up yet, it’s easy for them to do following our info here.
Cycle to work is a salary sacrifice scheme and a hire agreement between you and your employer so there are various options at the end of the initial hire period ( 12 or 18 months ).
The best is to extend the hire agreement for another 36 months, this can be arranged with your scheme provider for a nominal fee. At the end of the period the bike is transferred to your ownership. Check with your scheme provider for exact details.
Our preferred scheme provider CYCLESCHEME, has a great page to explain this in detail here
Cyclescheme are the market leader so you would expect us to work with them. We also work with Bike2work, Cycleplus, Gemelli, Enjoy Benefits and many others.