Cycle to Work Scheme
How it Works
1. Come in and choose your bike and accessories.
2. We will write you a quote to take back to your employer - usually the accounts/human resources department.
3. The company goes online and registers for the scheme - this does not cost them to do.
4. Once they are registered, they will provide you with a voucher to bring into the shop and collect your bike.
5. Off you go and enjoy your bike.
6. Your company will have paid for the bike, so they claim the VAT back, if applicable
7. The rest of the cost of the bike goes onto your tax code. So you will be making tax and NI savings.
8. The cost is split into 12 equal payments and is deducted from your salary - just like a pension or child care costs.
9. At the end of the year, you can buy the bike from your employer. The cost is up to your employer.
10. Most people save approximately 40% on the cost of a bike.
11. You don't have to keep a log of how often you cycle, you don't have to cycle every day and you can choose any type of bike you like.
If you have any questions about the Cycle to Work scheme please contact us.