Cycle to Work

Cycling is one of the UK’s most popular recreational activities, and the Cycle to Work Scheme assists you in purchasing brand new bikes and accessories, making tax and National Insurance savings. You can sign up for 12 or 18 month payment periods.

Why choose the Cycle to Work Scheme?

  • Fast & easy to set up and no setup fees
  • An easy way to get fit
  • Employees can save up to 42% on cost of bikes & equipment
  • Most leading brands of bikes available, catering for entry-level cyclists and enthusiasts
  • Easy hassle-free options of ownership at the end of the hire period.

Key features and benefits

The salary sacrifice tax savings available via the Cycle to Work Scheme mean that you can save up to 42% on a wide range of cycling equipment and cycles (over 27,000 bikes from leading brands). You can spend from £100 up to £1000 with the scheme and make the savings as a result of reducing tax and National Insurance on the amount “sacrificed” from gross pay over 12 or 18 monthly instalments. 

Get fit, reduce stress and stay healthy*

86% of employees believe cycling to work has led to health benefits including weight loss and reduced stress. It doesn’t just benefit existing cyclists; with more than 60% of scheme users stating they were a novice or occasional cyclists prior to joining the scheme, it really is a benefit for everyone.
The bike can be used for leisure riding as well as commuting.

Extra perks

  • Up to £60 of free accessories plus one year’s free bike servicing worth £120
  • As well as the tax savings, you can also take advantage of all the sale prices and our Price Match Guarantee
  • We offer the UK's range of quality cycling brands all under one roof. Plus offer free test rides and full workshops at all stores. A 30-day exchange is also available on any bike, even if it has been used.
  • Shop in-store, online or over the phone with our Click & Collect or home delivery service.
  • Unlike other providers our scheme includes the option to Transfer4You Service; this means that there are no hidden costs for employees at the end of their salary sacrifice, which could save up to £70.

 

* Cycle to Work Alliance Survey, December 2015