Make huge savings on the cost of a new bike!
You can save up to 42% on the cost of a new bike and equipment using a cycle to work scheme. The scheme allows you to get a bike through your employer and pay for it out of your gross salary, saving you the Income Tax and National Insurance.
We accept vouchers from all of the leading cycle to work scheme providers, including:
How does it work?
As part of The Green Transport Plan the Government have allowed a tax exemption which enables employers to provide bikes and safety equipment to employees as a tax-free benefit. The employer buys the bike and safety equipment at the retail price. This is then recovered from a reduction in the employee’s gross salary (salary sacrifice). Employees hire the bike from their employer with the option of buying it at the end of the salary sacrifice period for a fair market value payment.