Cycle to Work Scheme
If your employer offers a Cycle to Work Scheme, you are eligible for savings on our complete range of adult bikes, clothing, components and accessories.
By joining a Cycle to Work Scheme you can save hundreds of £££’s, and spread the cost interest-free through your salary. Plus, cycling to work will bring health benefits and help you save money on your daily commuting costs. You can also use your new cycling kit for leisure riding too.
The Evans Cycles Ride-to-Work Scheme
Evans Cycles Ride-to-Work is our in-house Cycle to Work scheme. For employees we offer exclusive additional benefits not available elsewhere, and for employers our dedicated team handle all aspects of scheme administration and promotion.
Other schemes we accept
If your employer offers any of the schemes below, then you can get your new cycling kit from Evans Cycles. You can visit any of our stores or shop online. You’ll benefit from all of our sale prices to give you the biggest cycle to work savings
Cycle to Work FAQ's
The bike and equipment are leased to you, your employer will deduct monthly ‘salary sacrifice’ amounts from your gross salary to recover the cost. Salary sacrifice means giving up part of your salary in exchange for a benefit, in this case a bicycle and /or cycling safety accessories.
Because the deductions are from gross salary it means you pay less tax and NI, which is how the savings are made. Depending on how much tax you pay and which scheme your employer offers, you can typically save 30%-42% on a bike of your choice and/or safety accessories.
You can use the bike for either your full journey to/from work or part-journey, e.g. to/from the station. You can also use the bike for leisure cycling.
For example if you salary sacrificed £700 for your new bike and cycling kit, the monthly deductions from your gross pay would be £58.33. That’s £700 divided by 12 months. As your gross pay has reduced by £700 you won’t pay tax or national insurance on that amount. So if you were a basic rate tax payer the real total cost to you would be £490, which is a saving of £210 or 30%. Higher rate tax payers will save even more.
You can get any adult bike and a wide range of cycling equipment and clothing. You can select cycling equipment with a bike, or if you are already have a bike and are cycling to work you can choose to get equipment only, with all the same tax savings.
A wide range of cycling equipment can be included. As a guide any items which help make you safer, keep your bike safe, or help with your commute can be included, as follows:
Equipment
Pedals, Mudguards, Pannier racks, Saddles, Stems, Seat-posts, Tyres, Pumps, Tools & maintenance items*, Child seats & Car racks**, Replacement bike parts***
Clothing & Accessories
Helmet, Lights, Locks, Cycle clothing, Any high-viz items such as trouser clips, helmet covers, Shoes Bags and bag covers, Cycle cameras
* Tools & maintenance items – workstands not included ** Child seats & car racks – can be included if your journey to work at any time involves using this equipment. *** Replacement bike parts - to keep your bike safe on the road, for example: brakes, chains, cassettes, derailleurs, groupsets, wheels.
Please note HMRC currently excludes the following items from the scheme:
Computers, including GPS units,Energy food and drink, Bikes for people other than yourself
Yes, if you are already cycling you can get cycling equipment without getting a bike. The equipment must still be within the guidelines above.
The minimum is £100 and the maximum is determined by your employer – please check with your HR Team for specific details.
Yes you can - which will give you even better savings through the scheme!
You can get two bikes - for example, if you cannot take your bike on the train but you need a bike at each end of your journey. Please note the scheme does not allow you to obtain a bike for someone else.
We advise you to visit a store or go online to decide how much you’d like to spend on a bike and/or accessories. The main thing is to decide how much you want to spend as this will be the amount of your salary sacrifice and the price of your certificate cannot be changed. All certificates must be redeemed in full and they are for a one time use only.
You can still get a bike and accessories through the scheme if you intend to cycle any part of your journey to/from work. You do not have to keep a mileage log but generally at least 50% of the bike’s usage should be for commuting purposes. You can also use the bike for leisure cycling.
It is your responsibility to maintain the bike but we do offer a free bike check-up after 6 weeks and all our stores have full workshop facilities.
No. We strongly recommend that you insure the bike as your employer will still deduct the salary sacrifice payments even if the bike is stolen. Evans Cycles offer a low-cost comprehensive cycle insurance policy which can be purchased online <a href="https://www.cycleguard.co.uk/" target="_blank"><u>here.</u></a>
Your monthly salary deductions will normally begin in the next pay period after you have joined the scheme. Your employer will start the deductions regardless of whether you have taken delivery of the bike or not. Check your pay slip to confirm salary sacrifice is underway.
