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Cycle to Work Scheme. This scheme aims to encourage you to cycle to and from work. Under the scheme your employer can buy a bicycle and safety equipment for you. This benefit will not be taxable. There are three limits, depending on the type of bicycle purchased. €3,000 on cargo and ecargo bikes. €1.500 on pedelecs and ebikes.
Under the Cycle to Work Scheme (also known as the Bike to Work Scheme), you can get a new bike tax free through your work. Your employer pays for a new bike and then you repay the cost of regular instalments from your gross (overall) salary.
25 Μαΐ 2022 · Click apply online and enter your self-service User ID and password. Under the ‘employee schemes’ heading, select ‘Cycle to Work’. Complete the Cycle to Work eForm, using the information from your invoice. This will create a unique case ID when you have finished.
3 Ιουλ 2024 · The Cycle to Work Scheme introduced by the government incentivises commuters to consider cycling to work by enabling employers to pay for bicycles, with employees repaying the cost from their gross salary.
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14 Ιαν 2024 · The Cycle to Work scheme in the UK offers financial benefits to both employees and employers, promoting cycling as a healthier and more sustainable mode of transportation. The worth of the scheme depends on personal circumstances and investment in cycling.
It's super quick and easy to find the answer you are looking for! Please scroll down to the relevant topic and click on a question to view it's answer. What is Cycle2Work? Cycle2Work is a great employee benefit which offers the most cost-effective way to get new cycling equipment.
