Can I Get An Electric Bike On The Cycle To Work Scheme

Tracey west a sellafield ltd employee purchased an electric bike last year through the scheme she said.

Can i get an electric bike on the cycle to work scheme.

Helping hand e bikes often cost over 1 000. A number of consumer direct and online retailers including yt and canyon also now offer bikes through the cycle to work scheme. All we need to do is invoice the employer we deliver the bike and the employee starts paying the employer back each month. Bear in mind that e bike isn t a genre in its own right.

The scheme allowed me to buy a powerbike from a local supplier and i now cycle to work. More employers than ever before are able to offer schemes with limits in excess of 1 000 meaning you can save 25 39 on the total cost of an e bike. Under the scheme an employer can pay for a new bicycle including bicycle accessories and the employee then repays the cost in regular installments from their gross salary. Raleigh s stow e way 1 100 is an example of the latter.

The cycle to work scheme generally known as the bike to work scheme is a tax incentive scheme to encourage employees to cycle to work. You can get a bike from niche providers too such as mason cycles.