Cycle To Work
Cycle to Work is part of a government initiative that encourages more people to commute by bike, enabling people to make healthier choices and reduce the UK's carbon footprint. This scheme is run via salary sacrifice, allowing employees to make savings of up to 47% on the cost of a new bike and accessories.
The employer also makes savings of 13.8% through National Insurance contributions.
There is no longer a restriction of £1,000 meaning employees can choose from a wider selection of bikes, electric bikes and safety accessories.
All types of bikes are available including road, touring, hybrid, mountain, leisure, electric, foldaway, classic, adaptive and cyclocross.