Cycle To Work Schemes

Cycle to work schemes

If your employer offers a Cycle to Work Scheme, you are eligible for savings on our complete range of adult bikes, clothing, components and accessories.

By joining a Cycle to Work Scheme you can save hundreds of £££’s, and spread the cost interest-free through your salary. Plus, cycling to work will bring health benefits and help you save money on your daily commuting costs. You can also use your new cycling kit for leisure riding too.

Why cycle to work?

You’ll have your own reasons for wanting to cycle to work, but there are probably more benefits than you realise. Here are just some of them:
  • A healthier you – both in mind and body
  • Reaching your fitness goals more quickly
  • A happier you as you become healthier and fitter
  • Enjoying your commute to work so you arrive on time and feeling energised
  • Becoming more effective in your work
  • Saving money on fuel and car parking costs

As well as personally benefitting from cycling from work, there are environmental benefits including less congestion and less pollution through lower emissions and reduced noise.

Schemes we accept

If your employer offers any of the schemes below, then you can get your new bike and kit from Wildside Cycles. 

Click the logos below for further information on how to apply via each scheme.

 

Save upto 47% with no £1,000.00 limit.   

Save upto 42% with no £1,000.00 limit. 

Save upto 49% with no £1,000.00 limit. 

 

Save upto 39% with no £1,000.00 limit.

 

Save upto 39% with no £1,000.00 limit. 

Save upto 47% with no £1,000.00 limit. 

How does the scheme work?

The bike and equipment are leased to you, your employer will deduct monthly ‘salary sacrifice’ amounts from your gross salary to recover the cost. Salary sacrifice means giving up part of your salary in exchange for a benefit, in this case a bicycle and /or cycling safety accessories.

Because the deductions are from gross salary it means you pay less tax and NI, which is how the savings are made. Depending on how much tax you pay and which scheme your employer offers, you can typically save 32%-49% on a bike of your choice and/or safety accessories.

You can use the bike for either your full journey to/from work or part-journey, e.g. to/from the station. You can also use the bike for leisure cycling.

For example if you salary sacrificed £700 for your new bike and cycling kit, the monthly deductions from your gross pay would be £58.33. That’s £700 divided by 12 months. As your gross pay has reduced by £700 you won’t pay tax or national insurance on that amount. So if you were a basic rate tax payer the real total cost to you would be £476, which is a saving of £224 or 32%. Higher rate tax payers will save even more.

Please click 'here' for more information on cycle to work schemes or 'here' to find out what you can save. 

If you require any additional information on this then please free to contact a member of staff on 01892 527069 or email on sales@wildsidecycles.co.uk