Cycle to Work Scheme
Get a Tax Free Bike!
Cyclescheme is working with a network of independent bike shops to supply the nation with quality tax free bikes and equipment for work. We have a wealth of experience organising no-hassle tax free bikes for employees.
Below is an example of the saving you can make, this is based upon an employee earning £20,000 per year with bicycle and accessories value of £650
Tax Savings Calculations
£650.00
£381.70
41.3%
**Please note :A Fair Market Value payment is payable upon cessation of the agreement or at the end of the lease period
The company reclaims the VAT and tax and national insurance on the employees behalf.
The net result is that the £575 bike costs the employee just £381.70 - a saving of over under 40%.
For more information on the Cycle2Work scheme click here
It's quick, easy, saves you money and you get fit too!
Whether you're an employer or employee, we can make it easy for you to get started on the scheme. Just fill out and send us the details below. We'll contact you to get you registered on the scheme.
If you have any questions please check the Cycle Scheme FAQs or contact us!
Then all you need to do is come in or browse our online shop and get on your bike!
