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I'm an employee Employee I'm an employer Employer
Cyclescheme is the UK's most popular cycle to work benefit, creating more cyclists than any other provider.

Save up to 42% on a new bike for work

Tax is complicated; the cycle to work scheme is not. You choose a bike, hire it for an agreed length of time, then wind its value down to a negligible amount. It's like a year-round sale, with interest free credit available in over
2,600 retailers nationwide.

How It Works FAQS

Get bike of value. Cyclescheme is unlimited.
There is no longer a £1,000 limit.

Add the total value of the package you'd like to save on.

We ask you for your salary so that we can give you a savings forecast.

By entering your salary, you'll be able to see your savings and understand whether a package is affordable.

We do not record, retain or process this information in any way other than to provide you with this savings forecast.

At the end of your Hire Period you will need to select an Ownership Option.

We recommend you choose the 4 year ‘Own it Later’ option as this will increase your savings.

You could save:

Your calculation assumes that you're 18 years old, you work 37.5 hours a week and 40 weeks per year. For more detailed calculation please check our Advanced Calculator.

Head over to our advanced calculator if you want a more detailed breakdown of your savings or information on regional tax rates (like Scotland). The advanced calculator enables you to accurately forecast how much you will save and what the impact on your salary will be. Please note: The calculations provided here are based on the Tax rates and National Minimum Wage/National Living Wage in England, NI & Wales. If you are based in Scotland then your calculations will vary to what is provided.

1. Pick Your Package & Apply

Select a package that suits your needs.
Just a bike

Just a bike

A bike and accessories

A bike and accessories

Just accessories

Just accessories

Use our calculator to check how much you can save.

Once you have a budget in mind use our
retailer finder to select a local store or online retailer to shop with. If you want, you can decide on your retailer after you've applied. If you're very price conscious check out our offers.

2. Get Your Gear

Your employer will review your application and pay for your Cyclescheme package. We'll then send you an eCertificate.

You can exchange your eCertificate for your gear in-store or online.

cyclist
End of hire process

3. Choose an ownership option

When your Hire Agreement and salary sacrifice ends, you can keep your Cyclescheme package by making a small additional payment.

Cyclescheme will contact you regarding ownership options at the end of your Hire Agreement. Participants on standard schemes tend to save up to 42% when they use our recommended ownership option.

End of Hire FAQS

Are you ready to apply?

To complete your application, you will need:

Employer code

If your employer is signed up with Cyclescheme, they'll have a unique employer code to use when you apply.

Payroll number

You can find your payroll number on your payslip.

Budget

Decide on a budget for your bike and/or accessories.