Why offer Cyclescheme?
Cyclescheme is the UK's most popular cycle to work benefit, creating more cyclists than any other provider.
Simple to set up, easy to manage
What can it do for you?
Cyclescheme enables your employees to save 25-39% of the cost of a new bike & accessories whilst also spreading the cost. It's completely free to join and easy to administer online.
Benefits
Cyclescheme is a total cycle-to-work solution, it's who we are and what we do. Because of this we've gone the extra-mile with every aspect of our scheme design and service.
- Free marketing portal with customised posters
- Free events support for all employers
- Cyclescheme's any bike guarantee
- Weekly, monthly and seasonal sales and offers
- Save-on-sale retailers - employees can save twice
Cyclescheme's partnerships ensure great value and support for your employees.
Exclusive offer - 25% off any British Cycling membership package
Employees can choose to have their bike auto-registered for peace of mind
We guarantee a 15% discount on specialist cycle insurance for employees
How it works
The cycle to work scheme allows employees to obtain commuter bikes and cycling accessories through their employer, whilst spreading the cost over 12 months and making unbeatable savings through a tax break.
1
The employer registers with Cyclescheme - this only takes about 5 mins. Once registered they will be able to access free of charge promotional resources to help them publicise their exciting new employee benefit.
2
The employee visits their local bike shop or browses online to decide what they want; they then apply via the Cyclescheme website. The employer reviews their request and if they are eligible pays for the equipment.
3
The employee receives their bike and starts their salary repayments. After 12 months the employer will have recovered their costs and generated up to 13.8% in savings. The employee will be given their ownership options.
Just some of the 45,000 employers who have signed up to Cyclescheme
Want to learn more?
Still need some more info on how you can implement a cycle to work benefit?
Ready to register?
To sign up, you will need:
- To be an
employer
You need to be a decision maker and have the right to enter into a legal agreement on behalf of the business or organisation you work for.
- To pay your staff via
PAYE
Colleagues must be paid via the Pay As You Earn (PAYE) system; unfortunately you can’t register if you self-assess your tax returns.
- To have approx.
5 mins to spare
Signing up to Cyclescheme is quick and easy – it’s handy (but not essential) to have your VAT number to hand.
Employer news
01.03.2019
10 Reasons to be a cycle friendly employer
02.03.2018
Help your staff unlock the benefits of riding to work with Love to Ride
19.02.2018
Did you know e-bikes are available on Cyclescheme?