The cycle to work scheme enables employees to buy a bike for commuting and make savings of up to 47%
- The employee can choose their own cycle and safety equipment
- The employer buys the equipment and hires it back to the employee who then repays their employer over 12 months
- No credit checks are required on the employee or employer
- All the information required for payroll is provided by the team at Enjoy Benefits
- All end of hire scheme options are also managed by EB taking the pressure off of the employer to ensure compliance with HMRC guidance
- Companies save Employers NI so for every £1,000 the company spends on bikes, it saves £138 in NI
- You can get fitter, more productive and healthier
How Will This Benefit me?
- You save Tax and NI on your bike, up to 47%
- You save on transport costs, parking, fuel and servicing costs
- You can get fitter, more productive, healthier
- Keep healthy and save the planet with great savings on bikes!
- No credit check or up-front costs
