Thursday, 24 September 2015

The cycle to work scheme

It aims to promote cycling to and from work and to reduce . This means the cost of a new bike and cycling equipment is deducted from your salary as a non-cash benefit, so you . All public, private and third sector employers can run a cycle to work scheme and all employees in an organisation can hire bicycles and safety equipment . Cycle to work is a salary sacrifice scheme. Bike to Work Ltd offers employers a totally free service to help you take advantage of the Government initiative offering tax free bikes for work. Oct Guidance for employers who want to put in place a cycle to work scheme.

Read our employer FAQs section for to your frequently asked questions on the Government Bike to work scheme. to Employer questions here! These are employee benefit schemes that enable employees to hire cycles for . Just get your employer to set up a cycle to work scheme with Cycle Solutions and you could be up and riding in days. Our cycle to work scheme is one of our most popular benefits.


Under the scheme your employer can buy a bicycle and safety equipment for you. Employees can save up to on a new bike, ebike or cycling . This will not be a taxable benefit-in-kind.

There is a limit of €0per bicycle. Save upto on e- bikes and conventional bikes. Low commissions for bike shops. You can purchase any of our.


In its consideration of the application, the Commission noted that, in keeping with the scheme established in article of annex III to the United Nations . The cycle to work scheme is a tax and National Insurance free scheme set up by the Government and the Department for Transport to help promote healthier . The aims of the Scheme are to encourage staff to cycle to work for both environmental and health reasons. The bicycle and safety equipment provided must be . Our employees can take advantage of the government cycle to work salary sacrifice scheme , saving tax and national insurance on their to commute to and from . Many employers offer schemes that allow employees to get a bike tax free, which they can use to cycle to work. Check with your employer if they operate a . Not only does this save . This government scheme enables employers to loan cycles and associated safety equipment to employees as a tax-free benefit with the option to buy at a. This is available through Cycle Solutions and local bike stores (see details below ). The scheme enables you to spread payments over months, interest . Your employer buys the kit for you.


The savings that individuals make through the cycle to work scheme improves the affordability of, and access to, cycling.

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Popular Posts