Cyclescheme

Get a tax free bike!

Cyclescheme is working with a network of independent bike shops to supply the nation with quality tax free bikes and equipment for work. We have a wealth of experience organising no-hassle tax free bikes for employees. Hundreds of companies of all sizes have already benefited from our easy-to-follow system!

Coming from the cycle industry, we understand the needs of customer and bike shop, and we've made the process really simple. Employees apply for their tax free bike packages using a secure voucher and the details can be easily checked and approved online by human resources.

Visit: www.cyclescheme.co.uk

EMPLOYERS: Fit, happy, productive staff...

Welcome to Cyclescheme, the UK’s number one provider of tax free bikes for work through independent bike shops. We pride ourselves in giving you the best service available with the minimum of administration. Our scheme is run in strict accordance to the government’s green travel plan and conforms to the requirements of the HMRC, OFT and DfT. We also provide hire agreements for employees and a free secure website for voucher processing. This extranet site is password protected and enables you to manage employees’ applications with the click of a mouse.

How to start up the scheme
Register on the site: click here to register
Go to the downloads section and you'll find a flow chart detailing the process of using Cyclescheme, and a standard contract
Print a copy of the contract, sign it and return it to us. We can then migrate your details to our secure extranet, and we can begin processing quotes from your employees.

We look forward to being of service. Please note that the scheme is available to UK tax payers who pay PAYE. Self-employed workers cannot take part in the scheme

EMPLOYEES: Get your company on board!

Welcome to Cyclescheme, the UK’s number one provider of tax free bikes for work through independent bike shops. We are very pleased to help you with information on one of the best government tax breaks so far. Our frequently asked questions should cover most queries on the general running of the scheme.

We also have a full information pack to give to your employer when they contact us on your behalf. Your employer has to be willing to run the scheme before you can get your bike. This is because the scheme can only run through what is known as a salary sacrifice, where you agree to temporarily reduce your wages to pay for the hire of goods – in this case a bike and equipment. The scheme is available to UK tax payers who pay PAYE. Please note that the self-employed cannot take part in the scheme

The good news: once your employer is on board we help them administer the scheme and you should be on two shiny new wheels before you can say “where are my cycle clips?

Visit: www.cyclescheme.co.uk

BIKE SHOPS: A proven trade boost...

Welcome to the IBD’s number one provider of tax free bikes for work. Over the last two years Cyclescheme has been very busy and now provides service for the following UK industry sectors:

Councils
Emergency services
Higher education
NHS Trusts
Small to large private enterprises
Our existing client base is growing rapidly and hundreds of IBDs have already benefited from our efforts to secure deals to work with the independents. Many larger employers are now using Cyclescheme and we have experienced massive increases in turnovers and many happy, albeit very busy, IBDs. Progressive IBDs are working with Cyclescheme to approach more local businesses to secure additional sales for the future.

If you are not yet a Cyclescheme partner, we would love to have you on board with us. We charge a small commission on sales and charge a nominal annual fee following a soft start-up turnover-based arrangement where we prove the benefit of higher average selling price and accessory-rich bike packages before we invoice.

Visit: www.cyclescheme.co.uk

Colin Lewis Cycles Limited, 17 Dartmouth Road, Paignton, TQ4 5AD. Telephone: 01803 553095. Registered company number: 4095543.