Can I Get An Electric Bike On The Cycle To Work Scheme

Raleigh s stow e way 1 100 is an example of the latter.

Can i get an electric bike on the cycle to work scheme.

Helping hand e bikes often cost over 1 000. Under the scheme an employer can pay for a new bicycle including bicycle accessories and the employee then repays the cost in regular installments from their gross salary. The cycle to work scheme generally known as the bike to work scheme is a tax incentive scheme to encourage employees to cycle to work. Tracey west a sellafield ltd employee purchased an electric bike last year through the scheme she said.

More employers than ever before are able to offer schemes with limits in excess of 1 000 meaning you can save 25 39 on the total cost of an e bike. Bear in mind that e bike isn t a genre in its own right. The scheme allowed me to buy a powerbike from a local supplier and i now cycle to work. Any kind of bike can have electric assistance.

Some companies are set up with a 3rd party who assists them in the scheme such as cycle scheme ride2work c2w support bike2work evans ride2work halfords cycle to work bikes for the nhs green commute initiative previously. All we need to do is invoice the employer we deliver the bike and the employee starts paying the employer back each month.