CYCLE TO WORK SCHEME
JUST A BIKE
There are packages to suit everyone, you may just need the bike….
Maybe you just need some safety equipment or spare parts
A BIKE & ACCESSORIES
Or you need everythig to get started.
CYCLE TO WORK SCHEME CALCULATOR
Save 25-39% on a new bike for work
Tax is complicated; the cycle to work scheme is not. You choose a bike, hire it for an agreed length of time, then wind its value down to a negligible amount. It’s like a year-round sale, with interest free credit available.
Cyclescheme no longer has a limit! This means you can save money on everything you need. Go for a bike, a bike and accessories, or just accessories – it’s your choice!
THREE EASY STEPS
PICK YOUR PACKAGE AND APPLY
Visit our cycle to work scheme provider to apply.
Visit https://www.cyclescheme.co.uk/. You can apply as either an employee or an employer.
You can choose to apply for:
- Just a bike
- A bike and accessories
- Just accessories
GET YOUR GEAR
Your employer will review your application and pay for your Cyclescheme package. We’ll then send you an eCertificate.
You can exchange your e-certificate for your gear either in-store or online.
choose an ownership option
When your Hire Agreement and salary sacrifice ends, you can keep your Cyclescheme package by making a small additional payment.
Cyclescheme will contact you regarding ownership options at the end of your Hire Agreement. Participants on standard schemes tend to save between 25 and 39% when they use our recommended ownership option.
To complete your application, you will need:
- Your employer code
- Your payroll number
- An idea of your budget