Cycle to Work Scheme
The Cycle to Work Scheme is a government-backed initiative designed to make cycling more accessible and affordable for employees. It allows you to obtain a bike and/or cycling accessories through your employer via a salary sacrifice arrangement — meaning the cost is deducted from your gross salary before tax.
Why it’s worth considering:
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Save between 28% and 47% on the cost of a new bike and cycling equipment.
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You don’t pay Income Tax or National Insurance on the amount sacrificed.
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Spread the cost over 12 to 18 months (or longer, depending on the provider).
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Choose what suits you, a bike and accessories, just a bike, or just accessories.
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Promote active travel, reduce your carbon footprint, and improve your health.