The Cycle to Work scheme is a great way to save money, spread the cost of a new bike and make cycling part of your everyday routine.
Employees can save through salary sacrifice while employers benefit too. It is a popular way to buy a bike, electric bike and eligible accessories in a more affordable way.
We accept vouchers from a wide range of providers and our team can help guide you through the process.
Cycle to Work savings calculator
Use the calculator below to get an idea of how much you could save through Cyclescheme.
Tip: scroll inside the calculator on mobile to see all options.
How the scheme works
- Employer participation: your employer signs up to a Cycle to Work provider.
- Choose your bike: select your bike and eligible accessories from a participating retailer.
- Salary sacrifice: the cost is deducted from your gross salary over an agreed period.
- Tax savings: because payments come from your gross salary, you save on tax and National Insurance.
- End of agreement: depending on the provider, you may keep using the bike, purchase it, or move to a secondary agreement.
Employees can often use the scheme again in future for another bike, upgrades or eligible accessories.
Why use Cycle to Work?
As the cost of living continues to rise, this is a practical way to save money while choosing a greener and healthier way to travel.
Savings are typically around 30-45%, with higher rate taxpayers often saving the most.
Employers also benefit through National Insurance savings and may be able to claim capital allowances.
Accepted Cycle to Work providers
We accept vouchers from Cyclescheme, Cycle2Work, Bike2Work, Cycle Solutions, Caboodle, Dash, Green Commute Initiative, Gogeta, My Benefits World and Vivup.
Other schemes we accept
We also support a number of other providers and our team can help explain how each one works.
Cyclescheme
Cycle Solutions
Bike2Work
My Benefits World
VivupOnline purchases
Cyclescheme customers can complete their order online by entering voucher details at checkout and choosing “Redeem Cycle to Work Scheme” as the payment method.
Gogeta, Cycle2Work, Green Commute, Vivup, My Benefits World, Cycle Solutions, Caboodle and Bike2Work customers should contact our team to place an order, as these vouchers cannot currently be accepted online.
Some non-essential items cannot be purchased using Cycle to Work vouchers, including certain electronics such as ride trackers and cycle computers.
In-store purchases
Buying in store is simple. Visit one of our stores and our team will guide you through the process from start to finish.
Some schemes may incur a single 5% build and handling charge for full priced bikes.
Reduced bikes bought through a Cycle to Work scheme will normally incur a 5% build and handling charge. For some providers this may be 10%.
There is no build and handling charge for customers using a Gogeta or Cyclescheme voucher.
How much can I save?
Example based on an order total of £3248 for a higher rate taxpayer:
Bike cost £2999
Accessory cost £249
Total cost £3248
Cost per month through salary sacrifice: £171.54 over 12 months
Total saving: £1490.58 or 43.25%
The process is simple
- Apply for your voucher through your employer
- Your employer authorises your application
- Your employer is invoiced and pays for the bike
- Your voucher is issued to you
- Redeem the voucher for your bike and accessories
- You begin repayment through salary sacrifice
- At the end of the hire period, ownership is transferred depending on the provider
Charges and collection timescales
Some provider commission charges are high enough that we need to add a small build and handling charge for certain schemes. Discount codes cannot be used on Cycle to Work orders.
Bikes and accessories reduced from full RRP may be subject to a 5% charge and, for some schemes, 10%.
| Provider | Collection timescale |
|---|---|
| Cyclescheme | After we process your voucher |
| Cycle2Work | After we process your voucher |
| Vivup | When we receive funds from provider |
| Gogeta | After we process your voucher |
| Bike2Work | After we process your voucher |
| Cycle Solutions | After we process your voucher |
| Green Commute Initiative | After we process your voucher |
| My Benefits World | When we receive funds from provider |
| Caboodle | When we receive funds from provider |
Some providers take a few days to transfer funds. We cannot release your bike until cleared payment has been received, but our team will keep you updated.
Cycle to Work FAQs
Can I participate in the scheme?
You must be paid via PAYE, be a full-time working adult aged 16 or over, and your employer must be signed up to a scheme provider. Your pay after salary sacrifice must not fall below National Minimum Wage or National Living Wage.
How are the savings made?
The value of your bike and accessories is taken from your gross salary, which reduces your tax and National Insurance. Savings are typically between 30-42%, depending on your circumstances.
What can I get on the scheme?
You can get bikes, electric bikes and eligible accessories that help you commute safely and regularly.
Can I get an electric bike?
Yes, as long as your employer allows the value and your voucher covers the full cost.
Can I get a quote?
Yes. Most providers let you create your own quote online.
Can I top up my voucher?
No. Your voucher must cover the full value of your purchase.
Does the bike need to be for me?
Yes. The bike must be for your own use, not for a spouse or child.
Can I include accessories?
Yes, as long as they are eligible and your voucher covers the full order value.
What cannot be included?
- GPS ride trackers and navigation devices
- Bike racks for cars
- Cameras
- Turbo trainers or rollers
- Gift cards
- Nutritional products or food
- Power meters
- Headphones
- Children's bikes
Can I buy accessories only?
Yes, but some accessories are excluded. Contact us or your provider if you are unsure.
Can I use my voucher retrospectively?
No. You must tell us at the point of order that you are using Cycle to Work.
Can I use part of the voucher now and part later?
No. The full voucher value is redeemed at the point of payment.
Can I use my voucher with finance?
No, finance cannot be used alongside a Cycle to Work voucher.
What about Halfords Cycle2Work?
We now accept Halfords Cycle2Work vouchers. Please contact us for more information.
Learn more about Cycle to Work
Ready to use your Cycle to Work voucher?
Speak to our team, visit a store or explore the scheme providers we accept.