Cycle to Work Schemes

Improve employee health with the government backed cycle to work scheme.

What are the benefits?

What other benefits are there to the Green Commute Initiative:

Saves money!. with no road tax or fuel to pay, the cost of buying a bikepays for itself with savings

Cycling Reduces your employees Carbon Footprint helping the UK hit its Paris Agreement goals

Mental health benefits - there is a lot of evidence to suggest that cycling helps to de-stress at the end of the day

Fewer parking spaces required at the office

Improves the fitness of the employee

Free on the streets! No more traffic jams

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Business Woman on Cycle to Work Bike

What is the Cycle to Work Scheme?

Cycle to Work is part of the government’s Green Commute Initiative, a salary sacrifice scheme in which the employer purchases a bicycle (electric or traditional) and cycling equipment on behalf of an employee to commute to work. The employee then pays the employer back over a period of time for the bike, typically this is 12 months, but this time frame is flexible.

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What Cycle to Work options are available to my employees?

Initially the scheme was limited to £1000, but now there’s no upper amount to the Cycle to Work scheme. So, as long as your company is willing to purchase the bike and the user is capable of sacrificing that portion of the salary then there’s no limit to the options of bike available under the scheme for the employee. In addition to the allowances on cycle equipment, you can also claim 20p for every mile cycled for work (not to and from work). And should your bike need a repair you can now claim £50 back from HMRC!

Couple in tracksuits and helmets cycle in the countryside
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businessman with his folding bicycle waiting for his train at railway station platform

The benefits of the Cycle to Work scheme

Not only is there the environmental/health enhancement that the scheme provides, there’s also a financial saving. Essentially, the monthly repayment is paid as a salary deduction before tax is deducted. This reduces the National Insurance that you as the employer pay and also reduces the PAYE & National Insurance that the employee has to pay (savings can vary depending on tax rates). All in all, the scheme is an excellent way for UK cyclists to save at least 32% off the cost of their bikes and associated kit. It has benefited nearly two million individuals since it was introduced by the government in 1999 to “promote healthier journeys to work and reduce environmental pollution”.

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Ideal Solution

My Staff Shops’s Reward & Recognition scheme helps you develop a culture of appreciation where your employees feel valued for the work they do.

Shot of a young businesswoman traveling with a bicycle through the city
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