Cycle Schemes for Employees
Save money and spread the cost of a new eBike.
Purchasing an eBike has never been easier or more affordable now we’re part of both the Green Commute Initiative and Cyclescheme; initiatives enabling employers to offer their employees the opportunity to purchase an eBike without the upfront cost, rather spreading the cost over an agreed time. We offer the scheme at County eBikes for Mark2 or Batribike.
How do they work?
If you’re employed, receive your salary through PAYE, are over the age of 16, and your employer is part of either Cycle To Work Schemes, you can apply!
Cycle To Work Schemes enables your employer to purchase your preferred eBike for you in return for a small, manageable deduction to your salary, usually over a 12 month period, but up to 24 months.
This means that instead of purchasing your eBike for an upfront cost, you can spread the cost over an agreed length of time - making paying for your bike much easier and more affordable.
What’s more, because the deduction is made before tax, you’ll end up paying less tax and National Insurance, which will save you up to 47% of the cost of your eBike overall.
Cyclescheme is the UK’s most popular Cycle To Work Scheme and is an employee benefit that saves you 25-39% on an eBike and accessories. You pay nothing upfront and all repayments are taken before tax from your salary by your employer.www.cyclescheme.co.uk
Green Commute Initiative (GCI)
Green Commute Initiative (GCI) is a Social Enterprise working to encourage commuters out of their cars and onto bicycles! Improving personal health as well as the overall health of our planet by reducing pollution and congestion from motor vehicles. With GCI, you can save up to 47% and spread the cost of your eBike up to a 24 month period.www.greencommuteinitiative.uk
Who can apply?
If you’re employed, receive your salary through PAYE, are over the age of 16, and your employer is part of either Cycle To Work Scheme, you can apply, unless your salary falls below the National Living Wage or National Minimum Wage after your eBike payments have been deducted; in which case, you will not be eligible.
Which bikes are available?
You can take advantage of this offer on our full range of Mark2 and Batribike Electric Bikes with prices starting from £999.
Find out more
Visit us in Andover or call us on 01264 316143.