Cycle to work savings

Cycle to Work Calculator. Use our advanced calculator to see how much you could save on a new bike. Search for your employer for accurate savings. This means that you agree to give up part of your salary in exchange for a . Scheme offers available.

Bike to Work - Savings Calculator.

Discounts available These are subject to Terms and Conditions. The maximum saving on the scheme is €495. Get ready with savings on your bike and equipment. Save up to on the cost of bikes and . This is where the savings come from. A basic rate taxpayer normally pays income tax and national insurance, so would save.

With a package value of £0. 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 .

Savings can vary depending on individual circumstances. Green Commute Initiative is leading the industry with its cycle-to-work scheme with no limits. A government initiative that allows you to save up to. All schemes enable your employees to get a bike tax-free with the average saving being over of the cost of the bike.

NI efficient ways to cycle to work. You can make savings. Our cycle to work scheme will help your employees make huge savings on a new bike, including additional benefits such as full warranty and free insurance.

Actual savings will depend on each individuals personal circumstances. Here is a typical example of savings possible as a Higher rate taxpayer ():. Receive your salary by PAYE. Generate savings on employers NI contributions for each employee on the scheme.

All while making huge savings (at least !) as . Significant savings are available as a result of Government initiatives to encourage healthier lifestyles and to help reduce environmental pollution. Join the cycle to work scheme provided through Pearson. The savings that individuals make through the cycle to work scheme improves the affordability of, and access to, cycling. Monthly Gross Salary.

See our savings calculator to work out how much you could save!

Employees who participate in schemes. Your employer buys the bike and equipment, then. Tax saving calculator.