Since picking up the bike I have cycled to school every day, even in the rain although I did draw the line on the day of the high winds. Now that I have invested in a rucksack and got into the routine, it really sets me up for the day. At the end of the day although the thought of the cycle home isn`t so appealing, I find it does wake me up and give me a burst of much needed energy. Plus I have lost a few pounds, in both money terms and weight. I strongly recommend the scheme.
Jane Duncan, N/A, Warwickshire County Council
Our calculator will show you the massive savings to be made through Cyclescheme. Due to operational restrictions, some companies cannot pass on the VAT saving to you and in this case you will need to use the tick box below.
From April 6, 2008 the basic rate of tax will be reduced from 22% to 20%, resulting in a slight decrease in savings through the scheme.
If your annual gross salary is between £40,000 and £42,000 your savings may be reduced due to the position of the tax and NI thresholds, as you will be paying lower rate tax (20%) and higher rate NI (1%)
Type in the cost of your bike, helmet and accessories, and your salary, and we'll calculate the money you could save!