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I got the bike through the cycle scheme programme last Wednesday and cycled to work three days out of five this week. It was really good to speed past all those single motorists in their cars as they queued at junctions. The scheme enabled me to use a really good bike and I fully intend to cycle as often as I can to work now - it is great not to have to worry about where to park the car when I get there and the ride home helps me wind down as well.
Jeremy Lee
You have entered an employer code for this calculation; the calculator has retrieved specific information about your scheme (eg VAT status, NI rates and any finance charges) and applied these to the savings calculation to make sure it's as accurate as possible. However, your final savings may vary, depending on your personal tax circumstances, eg pension contribution, other salary sacrifice schemes or your personal tax allowance.
PLEASE NOTE: the calculator assumes a standard personal tax allowance of £6475 per annum - tax code 647L
The cost of the bike, and your salary, must be greater than zero.
Enter your details in the box on the right to try again
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.
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