What is Cyclescheme?
Cyclescheme is an employee benefit that saves you 25-39% on a bike and accessories. You pay nothing upfront and the payments are taken tax efficiently from your salary by your employer.
Cycle2Work is a great employee benefit which offers the most cost-effective way to get new cycling equipment. The scheme is run via a salary sacrifice meaning you won’t pay tax or national insurance – this saves you between 32% and 42% on your new bike and accessories. This reduced cost is simply deducted out of your payslip over 12 or 18 months, so no need to worry about large one-off costs!
Cycle Solutions enables you to get a tax-free bike. By covering the cost of the bike through a salary sacrifice, most people save about 39% of the cost. But, if you pay higher-rate tax you could save more.
As the UK's no.1 independent provider of the Government Cycle to Work scheme, we believe that bikes are good for everybody. Because healthier, happier employees mean more productive staff for Employers.
Employees can now save on Bikes and accessories over £1000!