The Cycle to Work Scheme
The Cycle to Works scheme is the simple way to get a brand new bike, make huge savings and spread the cost.
Cycle to Work allows an employer to offer an employee a cheaper way to purchase their ideal bicycle.
Choose your bicycle in store, hire it from your employer for an agreed length of time (usually 12 months), and then purchase it for a small percentage of its original price. This usually results in a saving of over 25% from RRP for a standard rate taxpayer. Even greater savings are available for higher rate taxpayers.
The scheme can also be used to purchase relevant safety accessories and clothing for use with the bicycle. For cyclists who already have a bike, some schemes will also allow for “accessory only” applications. Certain accessories are excluding, including but not limited to, computers, aero bars and boot racks.
Visit the Cyclescheme Calculator
Sale Bikes
Bike and accessories that are in the sale (reduced) will be subject to a surcharge if purchased using a Cycle to Work voucher. This will be 10% for most schemes, or 15% for bike orders placed with a Halfords Cycle 2 Work LOC Voucher. This is because all of the providers take a commission from the voucher which we're able to absorb on a full price bike.
From time to time, we may offer a special deal where a 'sale' bike will be eligible at the sale price through the Cycle to Work purchase. You will never be charged more than the RRP and we will not add anything to the price of any bike that is advertised at full RRP.
Please contact us if you are unsure or would like to talk about purchasing a sale bike with the Cycle to Work scheme.
What vouchers do we accept?
At Chapeau Cycles we have partnered with the biggest Tax-Free Schemes around including:
- Cyclescheme
- Cycle Solutions
- Halfords Cycle2Work
- Green Commute Initiative
- Vivup
If you can't see your voucher scheme listed, please contact us for a chat and we will help if we can.