Bike4work scheme

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  • Bike4work scheme
  • Dibbs
    Member

    I’ve just had a letter from my employer regarding my options on the end of my 36 month agreement, they’ve offered me two options:-

    1. Keep the Bike, benefit in kind = £120 and I only have to pay the tax on that = £48 (just as I expected).

    2. Return the Bike, £96 (£80 + vat) collection charge.

    I take it they don’t want the bike back then 😆

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