Bike to Work Scheme
Tax Free Bikes!
UP TO 50% OFF - What's it all about?Cyclescheme allows you to source quality tax free bikes and equipment to get you to and from work. As well as the bike you can purchase essential and safety items such clothing, lights, shoes and pedals
Savings can be anything from 31 to 50% of the list price - it all depends upon your tax bracket and your employer's VAT status
As an example for a bike costing £750 RRP you may only need to pay around £450 and be able to pay for it over a convenient period and with no interest
To find out more - contact us on 01270 811333
- Ask your Personnel or HR Manager for information too
- Visit the scheme websites - get more info and use their calculators to an idea of of what you could save.
(There is more than one scheme but the principles are the same)
The government introduced The Green Transport Plan to encourage improved fitness and to reduce pollution and congestion. The plan enables employers to offer their employees the use of a bike and biking accessories, typically up to the value of £1,000, tax free, interest free and spread the payments over 12months (This may vary and is determined by your employer)
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