Can You Buy An Electric Bike On The Cycle To Work Scheme

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.

Can you buy an electric bike on the cycle to work scheme. E bike cycle to work scheme without the 1000 limit launched by uk government you can now use cycle to work to buy an e bike costing over 1000 paul norman june 10 2019 12 28 pm. You can get a bike from niche providers too such as mason cycles. So the first question to ask is. Buy an electric bike for work the easy way.

There are now two limits depending on the type bicycle purchased. The only cycle to work scheme exceptions are. Cycle to work salary sacrifice is a simple scheme whereby an employer can provide staff with an electric bike tax free at approximately half the retail price and at no cost to the company. The e bike scheme is run solely by go electric and complements all existing cycle to work schemes.

Including any type of bike e bike or cycle with at least 2 wheels. Tracey west a sellafield ltd employee purchased an electric bike last year through the scheme she said. The scheme allowed me to buy a powerbike from a local supplier and i now cycle to work. 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.

A number of consumer direct and online retailers including yt and canyon also now offer bikes through the cycle to work scheme. Electric assist hybrids are most common but there are electric assist road bikes mountain bikes tricycles and folding bikes. What kind of bike do you want. Cycle to work schemes.

Under the scheme your employer can buy a bicycle and safety equipment for you. For pedelecs or ebikes and related safety equipment the limit is 1 500. There are 3 package types to choose from click here to jump to more information on them. To obtain a quote send an email to sales e bikesdirect co uk with your details the scheme you are using and the bike and accessories that you are interested in.

We offer a range of high quality electric bikes on similar terms to the cycle to work scheme but we offer additional savings by cutting out the middleman. Any kind of bike can have electric assistance. You can get whatever you need to keep you in the saddle and cycle commuting regularly. Every electric bike is one less car ditch the car and make your commute cheap and easy.

This will not be a taxable benefit in kind. Cycle to work scheme. Raleigh s stow e way 1 100 is an example of the latter.