Cycle to Work Scheme
What is Cycle to Work?
Cycle to Work is a government-backed scheme that allows employees to save money on bikes through their employment. The scheme allows you to purchase a bike and equipment with up to 42% off the cost. Recent changes to the maximum limit now mean you are able to purchase an e-bike, making your commute faster and easier.
What you need to do
Once you find the bike for you, simply request a Cycle to Work voucher from your scheme provider. If you are unsure which scheme your employer offers, contact your HR department for confirmation. After receiving the voucher, you are ready to redeem it against your purchase.