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How it works
The cycle to work scheme allows employees to obtain commuter bikes and cycling accessories through their employer, whilst spreading the cost over 12 months and making unbeatable savings through a tax break.
1
The employer registers with Cyclescheme - this only takes about 5 mins. Once registered they will be able to access free of charge promotional resources to help them publicise their exciting new employee benefit.
2
The employee visits their local bike shop or browses online to decide what they want; they then apply via the Cyclescheme website. The employer reviews their request and if they are eligible pays for the equipment.
3
The employee receives their bike and starts their salary repayments. After 12 months the employer will have recovered their costs and generated up to 13.80% in savings. The employee will be given their ownership options.
Why offer Cyclescheme?
Cyclescheme is the UK's most popular cycle to work benefit, creating more cyclists than any other provider.
Simple to set up, easy to manage
Unrivalled choice and flexibility
Over 2,600 retailers
including Evans, Cycle Republic, Chain Reaction and Wiggle.
Bike Rentals
bike subscriptions available in over 30 UK cities from the nation's top providers.
In-store & online
the widest choice of retail experiences and online suppliers.
Any price
our 'Freedom to ride' scheme allows bikes over £1,000+.
Low effort, high impact
Simple to set up
only takes 5 min.
Easy to manage
our platform is intuitive.
Fuss free ownership
we manage end of hire so you don't have to.
IntoCyclescheme
solution to help low wage earners spread the cost of a bike.
Finance option
we can help you fund your program with us.
Unmatchable
value
Behaviour change
free access to Love to Ride and an exclusive £30k of prizes annually.
Save-on-sale
our 'no-quibble' retailers honour price matching, sale bikes and deals.
Always transparent
we always show accurate savings.
Free insurance
14 days free bike insurance cover for your employees by Bikmo.
Recognised and recommended
Best in class
we get more adults cycling into work in the UK than any other cycling organisation.
BSI registered
ISO 9001:2015 and ISO 27001:2013.
Authorised
we're FCA Authorised.
Compliance superhero
we invest in scheme design so you don't need to worry.
What can it do for you?
Cyclescheme enables your employees to save 21-39% of the cost of a new bike & accessories whilst also spreading the cost. It's completely free to join and easy to administer online.
Did you know employers save too! Not only will you recover the full cost of the bike - you'll also generate a NICs saving up to 13.80% of its value.
Calculate the benefit
Benefits
Cyclescheme is a total cycle-to-work solution, it's who we are and what we do. Because of this we've gone the extra-mile with every aspect of our scheme design and service.
- Free marketing portal with customised posters
- Free events support for all employers
- Freedom to ride - schemes over £1,000
- Bike rental - 6 & 12 month plans now available
- Easy to access finance option available
There is no longer a £1,000 limit.
IntoCyclescheme is the Cyclescheme solution for National Minimum and Living Wage earners, temporary workers and low-hours employees.
More ways to save your employees money - at no cost to your business.
Cyclescheme is powered by BHN Extras, the free employee benefits platform.
Extras is the simple way to build a benefits package that supports the mental, physical and financial wellbeing of every employee. Best of all – there’s no sign-up cost, per employee seat fee or minimum contract.
Sign your business up to Cyclescheme and receive access to Extras for free. Alongside Cycle to Work, take your pick from a range of flexible benefits all designed to save your employees money on everyday costs.
Cyclescheme's partnerships ensure great value and support for your employees.
Exclusive offer - 25% off any British Cycling membership package for employees
Employees can choose to have their bike auto-registered for peace of mind
Employees enjoy 14 days free bike insurance cover and an exclusive discount
Employers can save 20% on their Cycle Friendly Employer accreditation
Love To Ride are exclusively partnered with Cyclescheme meaning that we are the only Cycle to Work provider that can offer your workforce a full behaviour change experience.
"Changing habits and behaviour is a notoriously difficult nut to crack. The workplace cycle challenge targets the right people and genuinely encourages behavioural change in a fun and accessible way." - John Nicklin, Senior Pollution Officer, Lewes District Council
- Abel & Cole
See case study
- NHS Forth Valley
See case study
- Malcolm Hollis
See case study
- University of Southampton
See case study
- Sellafield Ltd
See case study
Just some of the 50,000 employers who have signed up to Cyclescheme
Want to learn more?
Still need some more info on how you can implement a cycle to work benefit?
Ready to register?
To sign up, you will need:
- To be an employer
- To pay your staff via PAYE
- To have approx. 5 mins to spare
You need to be a decision maker and have the right to enter into a legal agreement on behalf of the business or organisation you work for.
Colleagues must be paid via the Pay As You Earn (PAYE) system; unfortunately you can’t register if you self-assess your tax returns.
Signing up to Cyclescheme is quick and easy – it’s handy (but not essential) to have your VAT number to hand.
Register now Public sector
