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Cycle to work is a salary sacrifice scheme
 
This means the cost of a new bike and cycling equipment is deducted from your salary as a non-cash benefit.
You save on tax and national insurance.

Your employer buys the bike for you to ride to work and you ‘hire’ it from them. The ‘hire’ period is usually 12 or 18 months with monthly payments taken directly from your payslip before tax deductions. As you don’t pay income tax or national insurance on the scheme payments you will save between 32% and 42% (depending on your tax band) on the overall cost of your new bike. Although your employer owns the bike, effectively it’s yours to use as you wish throughout the ‘hire’ period.

You visit our website or warehouse and distribution centre in Hungerford, West Berkshire to select the bike that you want. Then please request a quote from us by email, phone or in person. You will be given a quote, and you provide this to your HR department (or whoever is in charge of the scheme at your work), to pass to the specific scheme.

Once you have requested a secure voucher or letter of collection, your employer confirms eligibility and approves the request. The scheme will  send them an invoice for the bike package, and a hire agreement is sent to you to sign.

 

As soon as the bike is paid for, the secure voucher or letter of collection is sent to you.

Your hire payments are deducted from your gross monthly salary. At the end of the hire period you pay a Fair Market Value payment to own the bike outright.

 

You then contact us with the voucher or letter of collection, and we will book you in for delivery

Help your employer help you! 

How to Order 

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