Here at Southsea Cycles we are partnered with 4 different cycle to work schemes.
Why choose to participate in a cycle to work scheme?
- It's tax free
- It's really easy to set up via an online form
- It's free to sign up
- Cycling is much better for your health and the environment that driving a car!
How much can I spend? Up to £1000
Is it just for bikes? No, you can get accessories in your package too. For example:
Who owns the bike? Technically your employer does and then loans it to you during the hire period, however at the end of the hire agreement a couple of options are available.
- One final payment can be made to transfer the ownership over to yourself. If your package was less than £500 then 3% of the voucher total will need to be paid, or for packages over £500 then 5% will need to be paid.
- You can extended the hire agreement with your employer.