CYCLE TO WORK SCHEMES
We’re pleased to say we can now offer our bikes through TWO Cycle to Work schemes.
All cycle to work schemes involve a lease agreement between an employer and their employee.
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.
Cycle to work scheme providers all charge commission; 5% by GCI and 10% by Cyclescheme, of the value of the voucher. This cost is added to the cost of the bike.
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