CYCLE TO WORK SCHEME
Did you know you could save around 40-50% off the price of a new bike and accessories, clothing and those other essential must haves including safety gear, if you purchase your bike via a Cycle To Work Scheme? You can spread the cost of the purchase over the course of a year and save income tax, national insurance and usually VAT. Some basic criteria include.... You need to be a UK tax payer via the PAYE system, you need to be earning more than the national minimum wage after your wages have been reduced by the bike payment, the bike should be used 50% of the time to commute on. For full details on this scheme check out www.cyclescheme.co.uk We think this scheme is one of the clearest and easiest to use
considoring the minefield of choices out there, it also has a great track record in helping employers of all sizes to set up and run successful Cycle to Work schemes...... The ideal bike package would ideally be below £1000, although your employer could obtain a consumer credit licence to allow bikes of any value to be processed. Did you know or had you considered an electric bike as a commuter, With some bikes now having a range of over 30 miles on a single re-charge, These too can be purchased under the same scheme. Loose a car and the savings are massive, youu would save a massive amount of money by then bying on the Cycles scheme, if you don't commute far its certainly a thought, no tax, Insurance, non of the hassles a car presents from a potentual cost of £350-£1000!!!!
The other option open to our customers is the facility for us to invioce your imployer directly for an agreement to be agreed between yourselves on repayment, you still get the same tax relief (a simple form filling in exercise) , all you loose is the '12 month loan' for the purchase. This way because there are just our usuall overheads we can offer the same deals and prices we'd offer to a customer who is not buying on any 'bike to work scheme' so you get the best deal with our best prices and the tax relief...... Give us a call or pop into the shop for any help or advice you may need.
NHS BIKES..NHS Cycle to Work Scheme
Now Available, Please Email or call us for more details.....