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It's a smart government-backed scheme designed to promote health, wellbeing, and reduce traffic congestion.
Your employer pays for your bike upfront, and the cost is then deducted from your salary before tax — which means you pay less tax and National Insurance. Pretty neat, right?
Below we've listed the providers we work with.
Fill in your details on the Green Commute Initiative cycle to work calculator and see how much you can save on your bike.
Sometimes, yes, but with conditions. Firstly, the Bike to Work schemes operate by taking a commission off the bike shop sale and some of the schemes are a bit greedier than others! Sometimes, the scheme provider makes more money than the bike shop! We won’t name names, but Green Commute and Gogeta are the BEST schemes for bike shops - so try and use these ones if your employer has no preference. In short, sometimes the shop will have to add the commission back onto the price of the bike if the sale was discounted.
If you are a limited company owner or director paid through PAYE, your company may be able to purchase a bike and make it available through its own Cycle to Work-style arrangement. This must be set up correctly and checked by your accountant.
Email us your request and we can supply the bike details and a simple accountant review template to help you get started.