Save up to 42% on your e-bike purchase with Cycle-to-Work schemes
Cycling to work is a great way to energise your day. If you are a PAYE employee, you can save money on buying a commuting electric bike by purchasing via a cycle-to-work scheme.
Signing up to these schemes means you can spread out payments on an electric bike through your monthly salary. Since these payments are made before your income tax is deducted, your tax bill is lowered, saving you money.
Voucher Admin Fee...
If you are using a cycle-to-work voucher to obtain an e-bike, you will also need to pay an 8% admin fee.
Check which cycle-to-work scheme is offered by your employer. Typically, this is administered by your HR department, or whoever is in charge of payroll. Your employer may even have appointed a cycling officer.
You will also need to check what the maximum voucher value is available from your employer. Paying extra on top of cycle-to-work voucher is not permitted.
Come into our showrooms to choose the bike that will become your commuting electric bike. We will give you a quote to take back to your employer.
You will typically need to fill in a form that your employer can provide for you.
Once they approve the purchase, they will issue you with a voucher that can be exchanged for the bike.
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Green Commute Initiative
With no limit this is a very popular option that many of our customers have used to get the right e-bike. Also open to you if you are self-employed and pay yourself a wage.
More info: Green Commute Initiative
Savings calculator: GCI savings calculator
Any questions? GCI FAQ's