CYCLE TO WORK SCHEMES
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We’re pleased to say we can now offer our bikes through Cycle to Work schemes.
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All cycle to work schemes involve a lease agreement between an employer and their employee.
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Depending on the cycle to work scheme provider, the employer buys a voucher from the provider to cover the purchase of a bike and leases it to an employee over a fixed period of time during which time the employee makes salary sacrifices and receives tax relief on their payments.
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Cycle to work scheme providers all charge commission; e.g. 5% by GCI, of the value of the voucher. As our margins are tight, this cost is added to the cost of the bike. Commission amounts below:
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GCI - 6%
Cycle Solutions - 12%
Bike2Work - 10%
Cycle2Work (Halfords / Sodexo) - 15%
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If there's a Cycle to Work scheme that isn't listed above we should be able to partner them quite quickly, so just get in touch with the name of the scheme you have or will have vouchers for.
Please click below for more info
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Please email if you have any questions
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