Welcome to the Epwin Group PLC Cycle to Work Scheme

Trust Pilot
Start Date: 16/10/2018

Welcome to your Cycle to Work Scheme homepage.

Thank you for choosing to make a change to a healthier and more active lifestyle by taking advantage of the fantastic savings available through the Cycle to Work Scheme. We're happy to be providing you with all the equipment you need to adopt a healthy & sustainable mode of transport.

What is the scheme?

The Cycle to Work Scheme is a Government backed initiative that enables you to obtain a bike and/or cycling accessories to use for riding to work whilst making tax and National Insurance savings from your Gross pay. You choose your perfect combination of bike and accessories and then rent the equipment through salary sacrifice from Epwin Group PLC

What is Salary Sacrifice?

A salary sacrifice happens when you give up the right to receive part of your salary due. The salary sacrifice enables you to pay back the loan on your bike, accessories and safety equipment from gross rather than net pay for the hire period, allowing you to benefit from income tax and NI relief which is where savings are accrued. Typical savings on the scheme can be up to 31.55% for basic rate tax payers, and 41.62% for higher rate tax payers, but the actual amount you pay depends on your personal tax band and higher rate taxpayers will save more.

How to Order?

Our ordering process couldn't be simpler, use the banner above to browse the UK's largest selection of brands and bikes to find the model that suits you. Once you have chosen your bike and any accessories, use the check out to confirm your selection. A member of the Cycle Solutions order fulfilment team will call you to check everything is correct and we will pick and ship your tailor made package direct to your door.

Please be aware of the ordering criteria set out by your employer below.

 

  • You must be on a permanent contract and have been employed by Epwin longer than 6 months
  • Basic earnings must be above National Minimum/Living Wage after the requested deduction amount for the duration of the contract
  • Employee’s meeting the minimum earnings criteria and a basic salary up to £25,000 can request a bike up to the value of £500
  • Employee’s earning a basic salary between £25,000 and £30,000 can request a bike up to the value of £750
  • Employee’s earning a basic salary over £30,000 can request a bike up to the value of £1000
  • The Epwin Group will only be authorising orders on the 15th of every month, any orders not made in time for this deadline will be picked up in the following month

 

Please be aware that your additional scheme discount is not valid on local bike shop orders nor on items that are already on sale greater than or equal to 10%.

Savings Calculator

Your saving calculation

Total cost of goods:
Salary sacrifice: (from your Gross Pay each pay period)
Actual pay period cost: (from your pocket in each pay period)
Total cost: (over months)
You save:

Your scheme discount of 10% has been applied in the calculation above.
Items that are already on sale greater than or equal to 10% will not have a further discount applied.

Please be aware that your 10% scheme discount is not valid on local bike shop orders.

Ready to see the huge savings on bikes & accessories available to you?

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