Does Cycle To Work Scheme Include Electric Bikes

Compared to a normal bike however there are additional considerations.

Does cycle to work scheme include electric bikes.

Because the deduction is made before tax you ll pay less income tax and national insurance saving up to 35 of the price of the e bike. It s an electrically assisted pedal cycle eapc and as long as it meets certain criteria. If you need some extra energy for your ride to work an e bike is the answer. If you re wanting to purchase our bikes through these schemes please.

The government has announced refreshed guidance for its cycle to work scheme which could help more commuters turn to greener journeys using e bikes. The only cycle to work scheme exceptions are. With the scheme you can get any adult bike plus a wide range of cycling safety accessories. There s no vehicle excise duty road tax to pay no vehicle registration and you don t need a driving license.

An electrically assisted bike gives you extra energy for your cycle commute to work so you can undertake journeys that might be too strenuous otherwise. Some companies are set up with a 3rd party who assists them in the scheme such as cycle scheme ride2work c2w support bike2work evans ride2work halfords cycle to work bikes for the nhs green commute initiative previously pro c2w cycleplus and many more to do this. An e bike can be ridden anywhere it s legal to ride a bicycle. Our vendor name is ebikes through cyclescheme co uk.

An e bike has a motor but it s not a motorbike. What effect does the new vat ruling have on employer and employee savings. There are 3 package types to choose from click here to jump to more information on them. The way cyclescheme works is that your employer purchases the bike you ve chosen and deducts it from your salary over 12 months.

Don t worry getting employers to sign up is easy. To be able to join the cycle to work scheme your employer does need to register to join cyclescheme. Hence their savings will not be affected by this update. An e bike is quiet doesn t emit harmful gasses and costs pennies to run.

Most of those for sale in the uk are pedelecs. For a definitive list of what accessories are eligible please visit www. This is because employers recoup the full cost of your bike and up. Including any type of bike e bike or cycle with at least 2 wheels.

You choose how much help you get with a handlebar mounted control. We are a partner of all of these schemes. If you already own a bike you can also apply for just accessories. You can get a bike from niche providers too such as mason cycles.

You can get whatever you need to keep you in the saddle and cycle commuting regularly. You pedal as normal and the bike augments your efforts. The refreshed guidance will make it easier for employers to provide bicycles and equipment including e bikes worth over 1 000 by making it clear that fca authorised third party providers are able to run the scheme on their behalf. It s like cycling with your own tailwind.

Employee savings still 32 up to 42. They don t have a throttle.