What Is The Cycle To Work Scheme

Awasome What Is The Cycle To Work Scheme Ideas. Under the scheme your employer can buy a bicycle and safety equipment for you. The scheme allows for a civil or public service.

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First introduced in 1999, the cycle to work scheme is a government incentive to encourage more people to cycle to work. You choose a bike, hire it for an agreed length of time, then wind its value down to a negligible. Here’s a table of typical savings for a bike purchase on a cycle to work scheme:

The Cycle To Work Scheme Is A Uk Government Scheme That Lets You Hire Up To £1,000 Worth Of Bike And Safety Equipment Through Your Employer.


The tax exemption defines a cycle as 'a bicycle, a tricycle, or a cycle having four or more wheels, not being in any case a motor vehicle' (192(1) of the road traffic act 1988 (c.52)). The schemes enable employees to save money on their bike and cycling gear by purchasing it. Here’s a table of typical savings for a bike purchase on a cycle to work scheme:

Initial Steps To Get Cycling.


You choose a bike, hire it for an agreed length of time, then wind its value down to a negligible. The cycle to work scheme was created by the government back in 1999 as a way to encourage people to ride a bike to work. Support employee wellbeing cycle to work.

Under The Scheme Your Employer Can Buy A Bicycle And Safety Equipment For You.


Cost price of bike plus accessories. The scheme allows for a civil or public service. Under the scheme an employer can pay for.

Cycle To Work Scheme Is A Uk Government Tax Exemption Initiative Introduced In The Finance Act 1999 To Promote Healthier Journeys To Work And To Reduce Environmental Pollution.


The cycle to work scheme is part of the governments green transport plan. It means your employer purchases a push bike or. The cycle to work scheme is not.

The Cycle To Work Scheme (Generally Known As The Bike To Work Scheme) Is A Tax Incentive Scheme To Encourage Employees To Cycle To Work.


The cycle to work scheme is of financial benefit to both uk employees and employers. The cycle to work scheme idea is, really, a 'hire period' and after that the company you work for is technically allowed to take the bike back if it wants to do so. This scheme aims to encourage you to cycle to and from work.

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