Cycle Scheme

Cycle Scheme is a government initiative that allows employees to purchase an eBike or bicycle and accessories through salary sacrifice, reducing the cost of the purchase. The scheme is designed to encourage more people to cycle to work, reducing traffic congestion and improving overall health and well-being.

Under the scheme, an employee chooses a bike and accessories, which are then ordered and paid for by the employer. The employee then pays for the bike and accessories through a salary sacrifice arrangement, where the cost is deducted from their gross salary, reducing the overall cost of the purchase. This means that the employee saves money on the cost of the bike and accessories and also benefits from the savings on National Insurance contributions.

The scheme is open to all UK employees, and there are no restrictions on the type of bike that can be purchased. This makes it an ideal option for those considering purchasing an eBike.

With the added assistance of an electric motor, eBikes make cycling to work even more accessible and enjoyable, especially for those who live in hilly areas or have longer commutes.

Overall, the ‘Cycle Scheme’ is a fantastic opportunity for employees to purchase an eBike or bicycle and accessories at a reduced cost while also promoting the benefits of cycling to work.

Use the calculator below to see how much money you can save on your eBike purchase. 

The ‘Cycle Scheme’ can be used in conjunction with other offers available at the EBIKE Cafe. For example, at the moment, Specialized is offering up to 20% OFF the entire Specialized range, eBikes and traditional bikes. This means you could save up to 45% on your new Specialized eBike or bike.