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Pedal Cycles Supported schemes

The Government has put in place the Cycle to Work scheme to promote good health, promote cheaper travel, reduce traffic congestion and improve air quality. What this means for you is that you can buy a bike from Pedal Cycles as a tax-efficient, salary sacrificed employee benefit or to put it another way, you can get a bike for yourself at incredibly good value!

Under the scheme, your employer can buy a bicycle and associated safety equipment, which they then loan to you, their employee. You pay your employer back for the bike over a 12 to 18 month period and then the bike is yours forever!

For example, if you bought a bike for £500, this would cost you only £325 (assuming you're in the lower tax bracket) and, even better, you'd pay this back at a monthly cost of only £27 per month for 12 months! How much do you spend on fuel every month?

At Pedal Cycles, we support managed schemes, including Cycle Scheme, Bike2Work, Green Commute Initiative and Vivup, making the process of selecting and acquiring your new bike and safety equipment as simple as possible. We're incredibly proud to support the NHS Cycle to Work scheme. We even take Halfords vouchers meaning that you can source a high quality brand from us and benefit from having the bike professionally set-up for you and enjoy the servicing and expertise that we pride ourselves on delivering!

The list of schemes we offer is constantly being reviewed and refreshed, so if you don't see your scheme on the list, then please contact us as we may already be supporting it and we can typically get accounts with new managed schemes pretty quickly!