Cycle to work details

For most purchases we recommend you ask your employer to set up an internal Cycle to Work Scheme for your workplace. It is simple, free, and avoids paying any fees.

For purchases over £1,000 we recommend the Green Commute Initiative because unlike other schemes they have no £1,000 limit, they can offer finance to the employer to cover the cost of the bike, and they only charge a 5% admin fee.

We can also accept vouchers from most popular cycle scheme providers – see the list

Example Savings

For a basic rate taxpayer using the Green Commute Initiative*:

Normal price of bike    £415
plus cycle to work scheme fee**  + £22
  plus end-of-hire fee***  + £1
 minus your tax savings:   – £140
Total cost    = £298
net monthly salary sacrifice:   £25 (over 12 months)
  saving compared to normal price:   28%