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  • Cyclescheme help please?
  • Broadband
    Free Member

    I suspect I've been overpaying for my cycle scheme through my employees payroll, but it's not easy to tell because I don't fully understand how its calculated what with National Insurance offset and so on.

    So, I was wondering if anyone could point me in the direction of how I might check my payslip calculations have been done correctly?

    Does anyone know how to calculate PAYE with cycle scheme and all that mumbo jumbo?

    matlockmeat
    Free Member

    Hi,

    I had all the same queries when I started it, but now fully understand how it should work, I even run the scheme at my current work place. Let me know how much the bike was and how much you are paying a month and I will work it out for you.

    jimbobrighton
    Free Member

    Hello mate,

    I have an excel calculator that will show you exactly what it'll be costing you. Happy to email you it if you like- my email is in my profile.

    Jim

Viewing 3 posts - 1 through 3 (of 3 total)

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