Welcome to your Cycle to Work Scheme 12 month homepage. If you would like your scheme duration to be 12 months, please remain on this site to place your order.
If you would like your scheme duration to be 18 months, please click the link below;
If you would like your scheme duration to be 24 months, please click the link below;
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 NHS Tayside
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 33% for basic rate tax payers, and 46% for higher rate tax payers, but the actual amount you pay depends on your personal tax band.
Calculator.
The link below allows you to calculate your Monthyl Salary Sacrifice payments and savings over the 12, 18 and 24 month agreement terms.
Please note this replaces the "How much could I save?" section.
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.
NOTE – In order to operate the Cycle to Work Scheme for you, NHS Tayside will be using lease finance. The cost of the finance will be included in the salary sacrifice you make.
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 12%.
