What is the Cycle to Work Scheme?
Introduced in 1999 as part of the Green Transport Plan, the Cycle to Work scheme is, very simply, a tax-break that allows PAYE (pay as your earn) individuals to buy a bike through a simple salary sacrifice arrangement.
The scheme covers almost any type of bike (provided it falls under £1,000) and also extends to include accessories such as clothing, lights, locks and safety equipment.
As a result, employees stand to save at least 32%-42% (depending on tax banding).
What can I buy?
Any Freddie Grubb bicycle. The Cycle to Work scheme doesn’t just make buying a bike more affordable, it extends to accessories too. Anything from clothing, lights, locks and almost any other piece of kit needed - provided it is mainly for commuting to and from work.
How does It Work?
- Choose your bike and accessories at our London store or online
- We provide you with a quote for your employer to approve / pay
- Collect your new Freddie Grubb bike and accessories
Please get in touch if you have any questions!
020 3730 4228