Cyclescheme no longer has a limit! This means you can save money on everything you need. Go for a bike, a bike and accessories, or just accessories – it’s your choice!
What is Cyclescheme?
Cyclescheme is an employee benefit that saves you 26-40% on a bike and accessories (or even more with ouroffers). You pay nothing upfront and the payments are taken tax efficiently from your salary by your employer.
You can request a cycle to work package of more than £1,000. This means you now have the freedom to save on e-bikes, cargo bikes and specialist adapted cycles.
Save 26-40% on a new bike for work
Tax is complicated; the cycle to work scheme is not. You choose a bike, hire it for an agreed length of time, then wind its value down to a negligible amount. It's like a year-round sale, with interest free credit available
1. Pick Your Package & Apply
Select a package that suits your needs.
2. Get Your Gear
Your employer will review your application and pay for your Cyclescheme package. We'll then send you an eCertificate.
You can exchange your eCertificate for your gear in-store or online.
3. Choose an ownership option
When your Hire Agreement and salary sacrifice ends, you can keep your Cyclescheme package by making a small additional payment.
Cyclescheme will contact you regarding ownership options at the end of your Hire Agreement. Participants on standard schemes tend to save between 25 and 39% when they use our recommended ownership option.
Are you ready to apply?
To complete your application, you will need:
It's not just cycle scheme thats available at Louth Cycle Centre, we are currently signed up with all the major players such as, Green Commute Initiative, Bikes for the NHS, Cycle Solutions, Bike 2 Work, Cycle 2 Work, Vivup, Caboodle and My Benefits World etc. If a scheme your workplace isnt in the list then just let us know and if we havent already then we will sign up.