A mate want's some info over his company buying a bike and then paying for it salary reduction, withoug going through cycle to work.
i know this can be done but can you point to some info online?
Full details here including setting it up [url= http://www.dft.gov.uk/pgr/sustainable/cycling/cycletoworkschemeimplementat5732?page=1 ]linky[/url]
thanks but what about not setting it up?
EDIT: seen it now -sorry.
[i]thanks but what about not setting it up? [/i]
I'm not sure I understand your question 🙁
Geoff's link is to the HMRC website, not a third party provider.
I presume your friend wants the cost deducted pre-tax? If so, that's the link he needs.
If not, can't he just get interest free credit instead?
We have an inhouse scheme, which just involves a simple agreement between employee & employer. Let me know if you need a copy of this - e-mail me at
steve @ cawdorforestry dot com