About Cycle Scheme

Cyclescheme is the UK's number one provider of tax-free bikes for the Government's Bike to Work initiative. Employees can make big savings on new bikes, employers get a healthier workforce and save money too! Cyclescheme helps employers of all sizes to set up and run successful Bike to Work schemes. Our online system is simple to use, and we have decades of industry experience and a vast supplier network of over 1,500 independent bike shops.

Come and visit us for more information.

What's the process of getting a tax free bike for work through Cyclescheme?

  • Step 1. Once an employer has entered into a contract with Cyclescheme (employers can sign up via this website) any employees wishing to participate need to visit a Cyclescheme Partner Shop to choose the bike and, if required, safety equipment. Find participating bike shops using the search on this website.

  • Step 2. Employees then apply for a Cyclescheme Voucher by finding out their Cyclescheme Employer Code and entering the information provided by the bike shop online.  The employee will usually sign an online Hire Agreement at this time.

  • Step 3. If the employer approves their application they will countersign the Hire Agreement and pay Cyclescheme for the full retail price of the bike and equipment.

  • Step 4. Cyclescheme will then issue a Voucher to either the employee or the employer, wherever is requested.

  • Step 5. The Voucher is then redeemed in the bike shop and exchanged for the bike package. Salary sacrifice then commences over the hire period (usually 12 months).

  • Step 6. At the end of the hire period the owner of the bike may choose to offer the employee ownership of the bike for a percentage of the full market value.