Published

The Cycle to Work scheme will be opening 13 September until 28 October 2022. 

Operating as a salary sacrifice scheme, Cycle to Work allows you to lease a bike –including e-bikes- over the period of a year, paying 12 equal payments to cover the cost. 

At the end of the hire period you can either enter a zero-cost extended hire arrangement, purchase the bike at the fair market value at that time (plus VAT), or return the bike to a Halfords store.  

Applications will be processed within 2 weeks of applying, allowing you to receive your letter of collection quickly after applying rather than when the scheme closes.  All deductions will start in November 2022. 

You’ll need to make sure that 50% of the bike's use is for a work-related journey. There is no need for you to keep a log of your journeys. If you are currently working from home, you can still apply for the scheme and complete 50% of those journeys during the rest of the year.