Cycle to Work Scheme’s
Save up to 42% on a brand new bicycle with a cycle 2 work scheme.
To promote healthier journeys to work and reduce environmental pollution, the 1999 Finance Act introduced an annual tax exemption, allowing employers to loan cycles and cyclists’ safety accessories to employees as a tax-free benefit.
How does it work?
Contact your employer
The first step is to find out which cycle to work scheme your employer is signed up to, If your employer is not signed up to one, or you are not sure, speak to your manager or HR department, and direct them to this page or a scheme below.
Choose your bike
Visit our store, or drop us an email or give us a call, we will take the time to talk about what sort of bike and equipment are best for you based on your intended purpose for the bike. We will talk you through the various options and complexities of modern bikes, using language that you can understand, rather than blinding you with tech talk.
Get your voucher
Once you have decided on a bike, we will provide you with a written quote. This quote can then be submitted to the scheme that your employer is signed up to using their unique employer pin. If you are not sure what this is, ask your manager or HR department.
Your employer will then need to confirm your eligibility and approve your request, an invoice for the bike package is then sent & a hire agreement will also be sent to you to sign. As soon as the bike is paid for, you will receive a certificate, which you give to us.
There are many cycle schemes available we recommend Green Commute Initiative as it has a number of benefits for all parties involved.
- No £1,000 limit, up to £10,000 unlike other Cycle to Work Scheme’s
- 6 months to 24 months payback available
- Ideal for Company Owners on PAYE
- Less admin for employers, GCI manages the scheme.
Can’t find the scheme your employer is signed up to? We more than likely accept it, just get in touch. Contact us >