The Cycle to Work Scheme is a UK government-backed initiative that helps you get a new bike and accessories tax-efficiently through your employer.
Instead of paying upfront, you spread the cost through your salary, saving money on tax and National Insurance.
The Cycle to Work scheme lets you spread the cost of a new bike while making meaningful savings along the way.
Because payments are taken from your salary before tax, the overall cost is lower than buying outright.
Use the calculator to explore different options and find a setup that works for you.
Visit us in-store or online and pick your bike + accessories.
Your employer will be partnered with a scheme like Cyclescheme or Green Commute Initiative.
Once approved, your employer pays for the bike.
Bring your voucher or confirmation to Chevin Cycles and ride away.
The cost is taken from your salary before tax, saving you money.
The scheme uses something called salary sacrifice:
Repayments are usually spread over 12 months, however it can depend of the scheme provider your employer works with.
No. The scheme works as a salary sacrifice and deductions are only taken on a PAYE basis.
At the end of your agreement:
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Pop into store, shop online, or get in touch and we’ll guide you through the process from start to finish.
