What is the Cycle to Work Scheme?

The Cycle to Work scheme is a government-backed initiative designed to promote healthier commuting and a greener environment by encouraging employees to ride bicycles to work. The scheme offers employees significant savings on the cost of bicycles and cycling gear by allowing them to spread the payment through their employer, all while saving on tax and National Insurance.

How Does the Cycle to Work Scheme Work?

1. Eligibility - most salaried employees are eligible if their employer participates in the scheme. It’s available to employees at all income levels, as long as they meet a few basic criteria, such as being paid via the PAYE system. Employers of all sizes can join the scheme, providing their teams with a meaningful benefit that aligns with environmental and wellness goals.

2. Savings and Tax Benefits for Employees
   Through the scheme, employees can save between 25% and 40% on a new bike and accessories. This is possible because payments are made from their pre-tax salary, meaning less income tax and National Insurance contributions. The exact savings will depend on the employee’s tax bracket but can make a significant difference in the final cost of the bike.

3. Choosing Your Bike and Accessories
   Participants can select from a wide range of bicycles (including e-bikes, foldable bikes, and traditional bicycles) and essential accessories such as helmets, locks, lights, and high-visibility clothing. Many providers now offer flexibility in bike type and price range, allowing employees to choose bikes that best suit their commuting needs.

4. Payment Process
   The bike and accessories cost is split into monthly payments, typically over 12 months. These payments are taken directly from the employee’s gross salary, making the process seamless and tax-efficient.

5. Using the Bike
   The scheme’s primary purpose is to encourage commuting by bike, which means the bike should primarily be used for traveling to and from work. However, employees are also free to use it outside of work hours, with no restrictions or tracking.

6. End of the Agreement
   At the end of the repayment period, employees often have options to either:

   • Pay a small fee to take ownership of the bike.

   • Enter into an extended lease agreement.

   • Return the bike if they no longer need it.

   Accepted Cycle to Work Vouchers

   We accept vouchers from a range of popular providers, making it easy for employees to use their preferred scheme to access bikes and accessories. Our accepted providers include:

   • Green Commute Initiative

   • CycleScheme

   • Vivup

   • Cycle2Work

   • Bike2Work

   Additionally, we also run our own in-house scheme, offering employees the flexibility to benefit directly through us!

What do I do?

Just ask your employer if they run a Cycle to Work Scheme, choose a bike from our shop and get a voucher. Then swap your voucher for the bike!