Cycle to Work Schemes

(or salary sacrifice!)

The answer is Yes - we do offer bikes under many cycle to work schemes

The UK government / HMRC offers a tax incentive to help get more cyclists exercising and riding to and from work. This helps to keep cars off of the road and encourage people to get (and stay) fitter, and we agree with the old saying that a healthy body equals a healthy mind!

If you are a UK tax payer then your employer can allow you to effectively save tax towards towards a bike and accessories.Due to the changes in National Insurance contributions as of January 2024 the savings will be as follows: 30% for basic rate, 42% for higher rate, and 47% for additional rate taxpayers in England and Wales. We know accept a number of different schemes which mostly work in the same way:

Note: It doesn't have to be just a bike - it can be a bicycle and / or accessory (e.g. a Brompton bag?)

You choose your bicycle / accessories and get a quote

You take the quote back to your employer and hand it over (normally to the HR or finance department) - if they are not already signed up it's quick and free to do

A voucher is then generated which you bring to the shop and we give you the bike

You then pay for the bike over instalments - but it is deducted from your wages before tax is paid - so you save at least 25% (or maybe more) if you are a UK taxpayer

So this makes any of the cycle to work schemes a great way to buy your next Brompton or Brompton Electric folding bike or mountain bike AND save money in the process!

The cycle to work schemes that we currently accept are as follows: 

Cyclescheme.co.uk

In summary:

1. We send you a quote / invoice, this reserves the bike
2. You submit this to the your employer 
3. They send you a voucher which you send to us
4. We redeem the voucher and once payment is on its way to us we send you the bike / say it is ready to collect
5. The redemption process has recently started to change. You send us the cougher issued by your empire, we check the details and redeem the voucher, you then sign then sign the hire agreement (electronically), we can then release the goods.This is an update from the older procedure which took longer for the goods to be released

For full details of how this works - check out this link

The Green Commute Initiative  

The Green Community Initiative have no upper limit to their scheme, it covers your selected bike, clothing, safety equipment and panniers are allowed. however, bike computers, power meters and GPS devices are NOT permissible. the procedure is generally as follows:

1. We send you a quote / invoice, this reserves the bike
2. You submit this to the your employer 
3. They send you a voucher which you send to us
4. We redeem the voucher and can then release the goods / bike 

For more details about the Green Commute Initiative click here

Vivup

Vivup provide a number of employee benefits, one of which is their cycle to work scheme. There is no upper limit unless imposed by your employer, the process is very similar to the other schemes, as follows: 

1. We send you a quote / invoice, this reserves the bike
2. You submit this to the your employer 
3. Vivup e-mail us asking us to invoice them 
4. We invoice Vivup
5. Once payment (this is normally on a Friday) is on its way to us we send you the bike / say it is ready to collect

For more details about the Vivup cycle to work scheme click here

My Benefits World 

My Benefits World also provides a selection of employee benefits, one of which is their cycle to work scheme, this works in the following way: 

1. We send you a quote / invoice, this reserves the bike
2. You submit this to the your employer 
3. Ny Benefits World e-mail us asking us to invoice them 
4. We invoice My Benefits World 
5. Once payment (normally three working days) is on its way to us we send you the bike / say it is ready to collect

For more info about my benefits world click here

CycleSolutions 

The cycle scheme has recently been added to our accepted Cycle to work scheme partners, they are a little slow on payment to us, so sorry if it takes a bit longer 

The process is as follows: 

1. Your company registers with CycleSolutions 
2. You request that we send you a quotation for your selected bike including your name, address, phone number, employers name and a detailed summary of goods
3. Enter all details into the CycleSolutions website 
4. If the Employer agrees to the purchase we invoice CycleSolutions 
5. Once invoiced CycleSolutions pay us and we release the bike
6. CycleSolutions issue a letter of collection to allow you to collect the bike with identification 

Note this scheme can take up to 30 days before payment is received and the goods are released 

For more info about the cycle solutions scheme click here

Caboodle 

The process is very similar to the others: 

1. Your company registers with Caboodle.
2. We raise a quotation for you and send this to you, you give this to Caboodle. 
3. Caboodle send you a letter of collection to sign, which you send to us. 
4. The completed form is sent to Caboodle to release the funds to us. 
5. We send you the bike as soon as we know the funds are on their way to us.

For more info about the caboodle cycle to work scheme click here

gogeta

More details very soon

For more info about the gogeta cycle to work scheme click here

Bike2Work Scheme.co.uk

The scheme works as follows: 

1. You let us know what bike and / or accessories you are looking for
2. We raise you a quote to reserve the parts and for you to submit - note please check the upper limit as a lot employers limit this scheme to £1,000
3. We receive confirmation when you submit it to your employer 
4. You receive a voucher and send it to us
5. You send us the voucher with photo ID and we redeem it 
6. We send a signed copy of the voucher back to Bike2Work Scheme 
7. We then get paid for the bike 

Enjoy Benefits 

The scheme works as follows: 

1. You let us know what bike and / or accessories you are looking for
2. We raise you a quote to reserve the parts and for you to submit 
3. We invoice Enjoy Benefits 
4. We get paid, 
5. You receive a letter of collection, which you give to us with ID
6. You then collect the bike