What’s the Cycle2Work Scheme?

If you happen to’ve heard of the Cycle2Work scheme however should not fairly positive what it entails, you’ve come to the appropriate place!

The Cycle2Work scheme is a improbable means of gaining access to a brand-new bike and biking equipment at a particularly inexpensive value.

Maintain studying to find the fundamentals of the Cycle2Work scheme and whether or not it’s best for you.

How does the Cycle2Work scheme work?

Cycle2Work is a authorities initiative that’s run via taking part employers. Workers who join the scheme could make huge financial savings on new bikes and biking gear. It is because you don’t must pay tax or nationwide insurance coverage on these merchandise, saving you as much as 47%! These financial savings might be based mostly in your private tax bracket. The lowered quantity is then deducted by your employer out of your payslip over 12 or 18 months.

Do I’ve to cycle to work daily?

No! While the goal of the scheme is to encourage people to cycle to work as a lot as doable, you don’t strictly have to make use of your bike to cycle to work. The federal government pointers state that you must use your bike and equipment for commuting for at the least 50% of its utilization. Nonetheless, you do not need to log your bike’s mileage and we completely encourage you to make use of your bike in your spare time too!

How do I get a motorcycle via the Cycle2Work scheme?

Apply

In case your employer has appointed us as your Cycle2Work supplier, merely head over to Halfords.com/cycle2work to use. You may also examine in case your employer has appointed us by clicking right here. Some employers have totally different utility home windows and should require their staff to use via their intranet web site as a substitute of via Halfords. Examine along with your HR division for those who’re not sure.

So you know the way a lot to use for, it’s price taking a look at what sort of motorcycle you’d wish to get beforehand and what offers can be found to make extra financial savings on high of Cycle2Work. Be sure to examine it doesn’t exceed the utmost worth restrict set by your employer.

Redeem

In case your employer approves your utility, you’ll obtain a Letter of Assortment for the worth you might have utilized. Current this letter in-store at Halfords, Tredz, or one in every of a whole lot of taking part bike dealerships, alongside along with your ID and chosen gadgets. You may also purchase on-line at Halfords and Tredz by merely coming into your Letter of Assortment quantity at checkout.

What bikes and equipment can I get via Cycle2Work?

Cycle2Work is offered on any of our grownup bike varieties, together with over 100 electrical bikes! All bikes and equipment which are obtainable via Cycle2Work have the ‘C2W’ icon displayed. There are additionally loads of bike equipment so that you can select from together with bike helmets, tyres, pedals, and way more.

Store our full vary of bikes and equipment on halfords.com as we speak.

For extra info and continuously requested questions on the Cycle2Work scheme, go to the devoted web page on halfords.com, the place you’ll discover all the things you want.

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