STAMP IT - cycle to work schemes

Direct Gov

How a cycle to work scheme works

Your employer may either run a cycle to work scheme themselves or through a third-party provider, like a bike shop. Through the scheme, you could get access to a loaned bike and/or safety equipment.

You must use the bike and/or safety equipment mainly (more than 50 per cent of the time) for 'qualifying' journeys. This means a journey or part of a journey:

• between your home and workplace
• between one workplace and another
• to and from the train station to get to work

Taking part in the scheme means that you don't have to pay a lump sum up front to buy a bike and/or safety equipment. Instead, you could loan the bike and/or equipment from your employer, usually up to the value of £1000.

To promote healthier journeys to work and to reduce environmental pollution, the 1999 Finance Act introduced an annual tax exemption, which allows employers to loan cycles and cyclists’ safety equipment to employees as a tax-free benefit. The exemption was one of a series of measures introduced under the Government’s Green Transport Plan.

www.dft.gov.uk

Bike 2 Work Scheme

Bike 2 Work Scheme Ltd, is a Government nationwide initiative that aims to get the country's workforce out of their cars and into the saddle.

This is made possible by the Government's Green Transport Plan, which aims to reduce environmental pollution, promote healthier lifestyles and make cycling to work a cost-effective option for employees.

• Bike 2 Work Scheme administers the scheme completely free of charge and we also provide all promotional material required to promote the scheme within your company.

• We offer a 24 hour, 7 day a week free-phone telephone number for all companies and their employees.

• We assign each company with their own account manager, meaning we are always on hand to answer any queries you may have.

• Upon registering with Bike 2 Work Scheme each employer is registered with The Green Achiever and listed in the Green Achiever Directory. You will receive updates on how to reduce your carbon footprint and be able to use the Green Achiever logo to advertise, for more details visit www.greenachiever.co.uk.

• Bike 2 Work Scheme support local independent bike shops and we currently have over 1,100 partner stores all over the UK. Each store provides employees with great customer service and also offer a wide variety of bikes, brands and equipment. 

www.bike2workscheme.co.uk

The Cycle Scheme

www.cyclescheme.co.uk

Cycle To Work - Halfords

An introduction to Cycle to Work

The Government’s Cycle to Work initiative enables you to help your employees make savings of up to 42% on a brand new bike and safety accessories for cycling to work.*

Why run a Cycle to Work scheme

• The fastest growing and most sought after employee benefit in the UK
• Free scheme implementation for employers - there are no catches or hidden costs for you or your employees.
• Easy to implement and manage - offers a highly valued benefit to employees

Benefits to organisations

• Enhances an employee benefit package
• Savings on National Insurance Contributions
• Improves the health and wellbeing of employees
• Eases parking and congestion problems
• Reduces organisational carbon footprint

Benefits to employees

• Savings of up to 42% on a new bike and accessories*
• Regular exercise to keep fit and healthy
• Reduces commuting costs
• Helps beat congestion
• Helps minimise carbon footprint

http://www.cycle2work.info/