Want to lower your tax bill and get a new bike? You're in luck...With Good Bike Gear you can save up to 42% on your new bike through the various CycleSchemes.
We can take vouchers from all the main CycleSchemes - If you would like a quotation for any Cycle to Work Scheme, please contact us, and include the following details:
What is Cyclescheme?
As part of the Cycle to Work benefit scheme, Good Bike Gear can provide bikes to employees seeking to cycle to work, free of income tax – saving you between 25% - 42%.
You don’t have to buy the bike upfront - this is part of a salary sacrifice program where you substitute wages in exchange for a Bike Voucher. The voucher value will then be deducted from your pre-tax pay over a period (usually 12 months).
Generally, your company can issue you a voucher of up to £1,000 in value, although some companies will offer £1500 (you don't save any tax on the additional £500).
There are a number of government approved Cycle To Work Schemes which facilitate this attractive offer. Between them, they have already provided more than 725,000 bikes for employees across the UK!
What are the advantages of getting a bike through Cyclescheme from GoodBikeGear.com?
You can also order safety equipment for the bike – this includes helmets, mirrors, reflectors, lights, pumps, repair kits, tyre sealant and more.
How does the process work?
What rules and regulations should I be aware of?
If your employer isn’t already on Cycle to Work, you can invite them through the Cyclescheme website here.
Please note that on items which are not full RRP, we charge a percentage of the certificate value as this is the cost to us to process the voucher (Usually 10-15% depending on the scheme)