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How much could I save?

money!

Feedback...

I save money on commuting and the gym

I recently got a bike through the cycle to work scheme and just wanted to say a big thank you - it's such a brilliant idea. Thanks to the lovely new bike I no longer get totally fed up with taking the train and save money on commuting and the gym - the bike has almost paid for itself already. Thanks very much!

Nicola

Videos...

An Introduction to Cyclescheme (1:50)

The Cyclescheme calculator can show you the great savings that you can make on a bike and accessories through the scheme.

What to do if your employer is running the scheme

If your employer is running the scheme already, they will have been issued with a unique code. Type this code into the first box in the calculator.

The calculator will retrieve specific information about your scheme (eg VAT status, NI rates and any finance charges) and apply these to the savings calculation to make sure it's as accurate as possible.

If you've come via a web link supplied by your company (eg www.cyclescheme.co.uk/12345) then your employer code should already be in the first box of the calculator.

What to do if your employer is not yet signed up

Leave the employer code blank and fill in the rest of the information to get an example calculation. If your employer cannot claim back VAT (NHS trusts, charities and some financial institutions, for example, cannot) then you'll need to click on No to exclude VAT from the calculation.

Each scheme is different, and savings depend on the way the scheme is run. If your employer is not yet registered, we cannot guarantee that the savings shown here will be accurate, as they cannot take into account the individual circumstances of your employer.

How much could I save?

Enter your details below

Our calculator can show you the big savings you could make through Cyclescheme. Enter your employer code if your company is already running the scheme to make sure you get the most accurate figures.

Employer code   question
Cost of bike
£
Cost of helmet
£
Cost of accessories
£
My salary before Tax
£
My age    question
Hours worked per week    question
Weeks worked per year    question
Outgoings from gross salary    question
£
Your pay frequency
Your postcode question
My employer claims back VAT   question
Yes No

Savings displayed here are for illustration only. If you don't enter an employer code, your calculation will not include information such as finance charges and your actual savings may be lower.

10% online discount

for Cyclescheme customers

Cyclescheme customers can now get a 10% online discount with Cycleguard Insurance, who insure thousands of cyclists across the UK – It takes just 20 seconds to get a quote and you only pay for the cover that you need.

For more details go to www.cycleguard.co.uk/cs