Cyclescheme
Buy a tax-free bike through Simpson Cycles and Cyclescheme and save up to 50%*
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Have fun cycling to work and get fitter too.
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You can save up to 50% on the cost of a bike and accessories, which is free of: VAT, National Insurance and Income tax.
What is the process of getting a tax free bike for work through Cyclescheme?
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The scheme is a voucher scheme and you will need to apply for a voucher to redeem against your goods when you collect or have them delivered from us.
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To obtain your voucher you will first need to get your employer on board with Cyclescheme (if they not have already done so). Cyclescheme will send them an email pack containing a contract and general details on running the scheme.
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Once the contract is signed, you are free to come into the shop for a quote, where you can be sized for a bike and choose any accessories you need or you can send your order through on line by selecting "Cyclescheme" as your payment option. (if you choose to buy on line we will send the quote to you) You then pass the quote to your Employer/payroll department. When Cyclescheme receive a copy of this quote Cyclescheme will invoice your company so Cyclescheme can provide a secure voucher once the hire agreement is signed.
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The process of getting the bike from when the quote is completed usually takes 2-3 weeks.
For Cyclescheme purposes all purchases are at the normal, full retail price. Discount cannot be given on bikes or accessories
PLEASE NOTE To secure the bike at the time of raising the quote we will take a £50 deposit that will be returned on collection of the bike
To find out more and to see how much you could save call Cyclescheme on 01225 448933 or visit their website Cyclescheme
*Savings are affected by a company's tax status, finance arrangements and your personal level of taxation
With Cyclescheme you can buy a bike, through your employer exempt of:
Income Tax, National Insurance and VAT.