How does Cyclescheme work?
1. Save 25-39% 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.
2. Pick Your Package & Apply
Use our calculator to check how much you can save.
3. 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.
4. 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 between 25 and 39% when they use our recommended ownership option.
We are a small independent bike shop based in Aberdeen. If you would like a bit more information about cyclescheme please just contact us or visit the cyclescheme website.