How much does your employer charge you to buy a cycle to work bike at the end of the year and close out the process? I thought it was a nominal amount like 10 quid, or even 10 pence, but an admin bod I spoke to today was talking about 'fair market value'. Surely this isn't literally correct - market value for my tricross would be about 50% of list price.
We're coming to the end of the first year of implementation, so my employer's not been through the process yet. They are eminently capable of bolloxing it up though - what should be the final price?
