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Buying

offset the cost of cycling equipment through the big tax savings of the ‘cycle to work’ scheme


Why is this important?

Large upfront costs associated with buying a bike or cycle equipment can be a deterrent for people wanting to start cycling to work.

The Government's ‘Cycle to Work’ Scheme can reduce the cost of a bike and safety equipment by between 30-50%. Employers can help spread the cost of the equipment by leasing it back to staff over 12 or 18 months.

What might it involve?

  • Setting up finance and accounting treatment for the scheme
  • Identifying or partnering retail organisation
  • Consultation with bicycle users and interested employees
  • Making staff aware of the scheme and what is involved

More information

The Department for Transport has a Cycle to Work Scheme implementation guidance for payroll and HR departments. You can also search for schemes and suppliers in your area.
Setting up a Cycle to Work Scheme

Cycle To Work scheme implementation guidance
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