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Are you a cycling enthusiast looking to save money on a new bike? The Cycle to Work Scheme in the UK offers a fantastic opportunity for employees to enjoy the benefits of cycling while saving on the cost of a new bike and accessories. In this guide, we will explain how the scheme works and how you can take advantage of it.
What is the Cycle to Work Scheme?
The Cycle to Work Scheme is a government initiative that encourages employees to cycle to work by providing them with a tax-efficient way to purchase a new bike and cycling accessories. The scheme allows employees to save money by spreading the cost of the bike over a set period of time through salary sacrifice.
How does it work?
Here's a step-by-step breakdown of how the Cycle to Work Scheme works:
Why should you participate?
Participating in the Cycle to Work Scheme offers several advantages:
Get started today!
If you're ready to take advantage of the Cycle to Work Scheme and enjoy the benefits of cycling, speak to your employer to find out if they offer the scheme. If they do, visit Stick a Tree to choose your bike and accessories. Start saving money, improving your health, and reducing your carbon footprint today!
If you have any questions or need further assistance, please don't hesitate to contact us. Our team at Stick a Tree is here to help you make the most of the Cycle to Work Scheme.