Cycles to work scheme

Save 25-39% on a new bike for work

With Cycle scheme, you can get a tax-free bike, which for most people means they save on average about 40% of the cost.

Cycling to work helps you stay fit and healthy, burns a lot of calories, and reduces your carbon footprint too.

Tax is complicated; the cycle to work scheme is not. You choose a bike, hire it for an agreed length of time, then snap it up for a fraction of its original value. It’s like a year-round sale, with interest free credit available in over

How It Works FAQS

Use our calculator to check how much you can save.

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When your Hire Agreement and salary sacrifice ends, you can keep your Cyclescheme package by making a small additional payment.

Cyclescheme will contact you regarding ownership options at the end of your Hire Agreement. Participants on standard schemes tend to save between 25 and 39% when they use our recommended ownership option.

End of Hire FAQS

Bike 2 Work Scheme

1 Employer registers with Bike 2 Work Scheme

2 Employee visits one of our partner bike shops to make their selection and obtain a written quote

3 Employee presents written quotation to the employer for authorisation

4 Employer provides authorisation to Bike 2 Work Scheme

5 Employer makes payment to Bike 2 Work Scheme as per initial written quotation

6 Bike 2 Work Scheme issues voucher to employee

7 Employee presents voucher at the relevant bike shop and collects their chosen bike / equipment

8 Employee’s Interest Free monthly payments commence



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How does cycle-plus work?

Cycle-plus is a salary sacrifice scheme where employees can agree a sum to be deducted from their gross salary each month over a 12 or 18 month period in order to purchase a bike and safety equipment up to the value of £1,000 for commuting, work related activities and leisure. They will be able to save on income tax and National Insurance that would otherwise have been payable.