Age of cycle
Acceptable disposal value percentage you must pay
1st number = Original price of the cycle less than £500
2nd number = Original price if the bike was £500+
1 year old…
18%
25%
18 months
16%
21%
2 years
13%
17%
3 years
8%
12%
4 years
3%
7%
5 years
Negligible
2%
6 years & over
Negligible
Negligible
Do what I intend to do – ride it, then leave it in the shed for 6 years.