Cycle to Work scheme
We're now a member of the government's Cycle to Work scheme, which allows staff to apply for a loan that can be used to hire a bicycle from approved retailers. At the end of the rental period, you'll have the option to purchase the bicycle. Because the loan is deducted via salary sacrifice, you'll benefit from tax reliefs and a reduced rate of National Insurance, providing average savings between 25-39% compared to retail prices.
What can I get?
As part of the scheme, you can include almost anything you need to commute by bike. This might include the bike itself (including e-bikes), clothing, parts, accessories and tyres.
Where can I shop?
You can choose to shop from over 2000 retailers nationwide, either in-store or online. You can visit the Cyclescheme website for a full list of retailers.