cycle-to-work schemes
What are the
Cycle-to-work schemes?
Cycle-to-work schemes aim to get more people out of their cars and cycling to work instead. The schemes enable employees to save money on their bike and cycling gear by purchasing it through their employer from their pre-tax income.
In short, this can mean savings of up to 47% depending on the cycle-to-work scheme provider your employer uses.
The UK government recently updated the schemes’ rules, making it clear that they can be used for bikes worth over £1,000, which most quality e-bikes are.