Cycle to Work Scheme: how to get a tax free bike
Why not let the tax free cycle to work schemes power your hobby. Many of our customers enjoy these savings to finance their dream Triathlon, Race, Mountain of E-bike. What ever your preferred type of cycling you can enjoy these benefits as they will apply to any bike across our range.
It's been almost twenty years since the Cycle to Work scheme was introduced - but the process still represents an opportunity to save cash.
The scheme allows employees to spend on bikes and equipment tax free making a saving of up to 42% on the overall value
The UK government has refreshed its Cycle to Work scheme guidance with the option added to apply it to e-bike purchases at beyond the old £1000 limit'
Ride to work schemes are an employee benefit that saves you 25-39% on a bike and accessories. You pay nothing upfront and the payments are taken tax efficiently from your salary by your employer.
We're also associated with the Green Commute Initiative. They are leading the industry with its cycle-to-work scheme with no limits. GCI scheme participants benefit from no £1,000 spending cap and no scheme exit fees and customers can save up to 47% depending on your tax bracket. There are also options to pay monthly through salary sacrifice with no added interest.
You can get an E-bike or conventional bike and help reduce congestion and pollution whilst improving your health, fitness and mental wellbeing!
We accept customers from the following ride to work schemes:
cycle2work.co.uk (Halfords)
You can find out how much you can save by using this useful calculator: