Bike to Work scheme

The bike to work scheme is a government initiative to encourage more people to ride bicycles to work and as a leisure activity.

It is in essence a tax efficient way of purchasing a bicycle, the bicycle is purchased by your employer who claims the VAT back and then leases the bike to the employee usually over 12 months. The lease payments for the bicycle are paid by the employee to the employer before tax and national insurance is deducted, thus saving the employee their tax and national insurance they would have paid.

The lease agreement between you and your employer is a legally binding agreement, because of this some employers appoint a third party facilitator, Cyclescheme being one of the most popular one of these third party companies, these companies are appointed by your employer to administer these schemes on your employers behalf.
We are affiliated to the following bike to work scheme facilitating companies.

Cyclescheme
Bikes for NHS
On Your Bike
Bike 2 Work

If you are unsure whether your employer runs a bike to work scheme, or if you know they do but are unsure which facilitating scheme they use, then contact your HR department.  click on the links above for more details.

Please note: that due to the charges levied on us by these third party facilitators it is necessary for us to charge a fee of 7.5% for any bike purchased through one of the bike to work facilitating companies. It may be that your employer runs and administers its own scheme and does not make this charge to us, in which case we will not charge the 7.5% fee