Can I Get An Electric Bike On The Cycle To Work Scheme

Tracey west a sellafield ltd employee purchased an electric bike last year through the scheme she said.

Can i get an electric bike on the cycle to work scheme.

Raleigh s stow e way 1 100 is an example of the latter. A number of consumer direct and online retailers including yt and canyon also now offer bikes through the cycle to work scheme. The cycle to work scheme generally known as the bike to work scheme is a tax incentive scheme to encourage employees to cycle to work. All we need to do is invoice the employer we deliver the bike and the employee starts paying the employer back each month.

More employers than ever before are able to offer schemes with limits in excess of 1 000 meaning you can save 25 39 on the total cost of an e bike. Electric assist hybrids are most common but there are electric assist road bikes mountain bikes tricycles and folding bikes. Under the scheme an employer can pay for a new bicycle including bicycle accessories and the employee then repays the cost in regular installments from their gross salary. You can get a bike from niche providers too such as mason cycles.

Some companies are set up with a 3rd party who assists them in the scheme such as cycle scheme ride2work c2w support bike2work evans ride2work halfords cycle to work bikes for the nhs green commute initiative previously. Helping hand e bikes often cost over 1 000.