What is cycle scheme?

Cycleshceme is a government scheme set up within the government's green transport plan. Cyclescheme unties employers and employees create a healthier and happier work environment, and save money.

For Employees

Cycle scheme enables employees to purchase an electric bike and it’s accessories tax free. You could save up to 42% off your electric bicycle using cycle scheme.

For Employers

Employers can enjoy up to 13.8% national insurance savings by signing up to cycle scheme, as well as healthier, happier and more motivated staff.

Can I apply?

You can apply for cycle scheme if all the following criteria is met:

You are a working adult (aged 16 or over) Your earnings are more than the national minimum wage after the salary sacrifice has been taken from your gross salary.

For more information on cyclescheme including how much money you can save, visit the website here.