Save up to 42% on the cost of a new bike

A great way to purchase a new bike is through one of the many Cycle Schemes around which your employer may be registered with.

The benefits of purchasing through a Cycle Scheme include:

• No up front payment
• Monthly payments through salary sacrifice over 12 months
• Tax and National Insurance savings on your products of up to 42% (depending on the rate of tax you pay)
• No limit on the price of the bike and / or accessories

Simply ask your employer if they are part of a Cycle Scheme. If they are not, it is simple to join. Then find a bike through your local bike shop, provide a quotation to your employer who will process your application and then pick up your gear.

Click Here to see how much you could save

Green Commute Initiative

Green Commute Initiative is the industry-leading and award-winning cycle-to-work scheme with no limits. GCI’s scheme has no £1,000 limit and no scheme exit fees. You can save from 32-47% (depending on your tax rate). Pay monthly through salary sacrifice with no added interest. Salary sacrifice periods can be from 3-60 months. Get an E-bike or conventional cycle through GCI and help reduce congestion and pollution whilst improving your health, fitness and mental wellbeing. Get in contact to find out more.

This is our favoured scheme as we get charged a smaller fee than the other schemes.

Cycle Scheme

We are part of the Cyclescheme which is an employee benefit that saves you 26-40% on a bike and accessories. You pay nothing upfront and the payments are taken tax efficiently from your salary by your employer.

Bike 2 Work

As an employer, you know the benefits of offering a competitive benefits package to employees and candidates. But most benefits come at a cost to the business, which isn’t always feasible. Bike2Work is not only free but it can save you thousands in national insurance contributions and contribute to workplace productivity.

Cycle Solutions

Cycle Solutions is a leading provider of cycle-to-work schemes, offering a range of services to help employees purchase bikes and accessories tax-efficiently. With no limits on the price of the bike or accessories, Cycle Solutions provides a flexible and affordable option for employees looking to make the most of their cycle-to-work benefits.

Caboodle

Caboodle are an expert provider of employee benefits for companies of all shapes and sizes. Working in conjunction with Cycle2Work, we provide employees with access to over 1,500 Bike shops, combining more than 465 Halfords stores and a wide network of independent retailers across the UK.