How it works
Save money & spread the cost
on a new bike and accessories
Save up to 47% 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.
Pick Your Package & Apply
Just a bike
A bike and 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.
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.
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 47% when they use our recommended ownership option.
Are you ready to apply?
To complete your application, you will need:
If your employer is signed up with Cyclescheme, they'll have a
unique employer code to use when you apply.
You can find your payroll number on your payslip.
Decide on a budget for your bike and/or accessories.
