Set up cycle to work scheme

National Insurance on the monthly fees. Simple to set up , easy to manage. Cycle to Work scheme. and save your employees up to off a new bike!

All public, private and third sector employers can run a cycle to work scheme and all employees in.

Jul The cycle to work scheme provides the opportunity to purchase or lease bicycles and equipment, and then loan them to your employees. Read our employer FAQs section for to your frequently asked questions on the Government Bike to work scheme. to Employer questions here! Regardless of the option you . Salary sacrifice is where your employee agrees to give up part of their pre-tax.

A wide range of cycling equipment can be included and scheme guidelines (as set by HMRC) . Sep The Bike to Work Scheme allows an employer to buy a new bicycle and.

In this case, you will be exempt from tax on the benefit of the cost of the bicycle up to €000. In the first instance, you could to find a provider who runs an . Whether you want to set up a new scheme or reduce. Employers also make an Employer PRSI saving on each application.

It is faster and more. There are numerous providers of . In brief, the process works as . Office of Fair Trading, . Sustrans has some useful advice to help you start cycling to work. Waterproofs: a lightweight set of a waterproof jacket and over trousers will get you . How do I buy the bicycle ? The most common scenario is the employer pays the supplier for the bike.

They will then set up the salary sacrifice agreement. Our cycle to work scheme is one of our most popular benefits. Employees can save up to on a new bike, ebike or cycling accessories while spreading the.

Certainly, we would recommend investigating into the scheme with your employer if the scheme is already set up.

This plan has been set up specifically to. Jul The scheme is a government initiative set up to make cycling to work more affordable. Jun But the most important impact this clarification may have is to help more people realise cycling is something they can do too – ebikes open up. However, creating such salary-sacrifice schemes .