Cycle to Work

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:

  1. Check if your employer is part of the scheme. Many employers in the UK offer the Cycle to Work Scheme as an employee benefit.
  2. Select the bike and accessories you want from a participating retailer. Stick a Tree is a proud participant in the Cycle to Work Scheme.
  3. Request a quote from Stick a Tree for the total cost of the bike and accessories.
  4. Submit your quote to your employer, who will arrange the necessary paperwork.
  5. Once approved, your employer will deduct the cost of the bike and accessories from your salary over a set period of time, typically 12 to 18 months.
  6. Receive your voucher or certificate from your employer, which you can use to collect your new bike and accessories from Stick a Tree or another participating retailer.
  7. Start cycling to work and enjoy the health and financial benefits!

Why should you participate?

Participating in the Cycle to Work Scheme offers several advantages:

  • Save money: By spreading the cost of the bike over time and benefiting from tax savings, you can save up to 42% on the cost of a new bike and accessories.
  • Improve your health: Cycling to work is a great way to incorporate exercise into your daily routine, improving your cardiovascular fitness and overall well-being.
  • Reduce your carbon footprint: By choosing to cycle instead of driving, you contribute to reducing air pollution and greenhouse gas emissions.
  • Avoid traffic congestion: Cycling allows you to bypass traffic jams, saving you time and reducing stress.

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.