A Tax Free Way To Get On Your Bike...

On Your Bike - A great way to save!

New Government legislation is allowing On Your Bike, in partnership with the cycle industry, to offer workplaces substantial savings on the cost of bikes and cycling gear for staff who cycle to work. It enables employers to offer bikes and cycling equipment to their staff at greatly reduced prices. They can save anything up to 45% off the recommended retail price. On Your Bike is a scheme made possible by the Government's 'Green Transport Plan'.

On Your Bike - The Green Transport Plan

On Your Bike takes advantage of a generous tax allowance made available in the Government's Green Transport Plan. This plan has been set up specifically to promote the use of bikes as an alternative mode of transport. Substantial investment is being made to develop and improve local cycle routes in order to make cycling safer and more enjoyable. The aim of On Your Bike is to get more people cycling to work on a regular basis. This will, in turn, ease traffic congestion, reduce pollution to the environment and also encourage a healthier lifestyle.

On Your Bike - How does it operate?

On Your Bike allows employers to loan bikes and cycle equipment to their staff as part of their employee benefits package. It makes it possible for employees to benefit from a generous tax allowance if they opt for the bike instead of the car. To take advantage of On Your Bike, employees agree to a small 'salary sacrifice' over an agreed period (normally 18 months) which is made from their gross salary and crucially not their take home pay.