The tax benefits available through the Government’s Cycle to Work Scheme are provided on the basis that employees are hiring the equipment from their employer and making tax savings by paying the cost out of their gross pay, via salary sacrifice.
With Evans Cycles Ride-to-Work, you will have already signed into the hire agreement with us from day one, so there’s nothing you need to do, except to see out the hire term with no further charges or deposits. When the Fair Market Value of the goods becomes negligible, we’ll transfer ownership to you for free.
You can, of course opt to buy the goods early or return the bike, if you wish.
