We have some exciting news. The Government has recently updated the cycle to work scheme to encourage more people to commute to work by bike. This means the benefits of the scheme are now even better for both employees and employers. We’ve summarised some of the main points below and we’ve also produced a comprehensive guide to the changes that you can download below.
Bikes and cycling equipment of up to any value, including E-Bikes, can now be covered by the cycle to work scheme
A broader selection of cycling accessories, including anything that an individual needs to commute by bike, can now be covered by the cycle to work scheme
Employers now have more flexibility to structure their schemes and set their own limits on the cost of bikes and equipment for employees
For more information about the changes to the cycle to work scheme, you can download the guide below. It explains what all the changes are, what the benefits are for employees and employers and how you can set up a scheme in your workplace. If you have questions, please contact us on 0330 088 4765 or book a meeting via our website.