Cycle to work scheme
Save up to 40% off a new Islabike with Cycle to work scheme
A cycle-to-work scheme is a government initiative that allows you to purchase a new bike and accessories tax-free with savings of up to 40% on a new adults bike. Precisely how much you save will depend on your income tax bracket. You save by paying for the package through your pre-tax salary over a 12 month period – this is commonly referred to as a ‘salary sacrifice’. The process couldn’t be easier.
The three steps to the Cycle to work scheme
Your Cycle to Work provider will be able to advise on the savings available to you and the monthly payment so you won’t be burdened with an un-budgeted expense. Once you have chosen your bike and any accessories you would like contact us for a quote which will enable you to obtain the certificate for the correct amount. Then simply speak to your employer and cycle to work provider to get your certificate.
2. Get your package
Simply email your order, delivery address and certificate details to firstname.lastname@example.org and we will confirm, complete and dispatch your order.
3. Choose your ownership options
The process to retain your bike will differ between cycle to work providers so please ensure you are fully aware on the agreement and what happens when the salary sacrifice ends.
There is usually an additional payment to be made to enable you to retain the cycle. The provider will contact you regarding ownership options at the end of your Hire Agreement. Participants on standard schemes tend to save between 26% and 40% when using their recommended ownership option.
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Help with sizing
Islabikes are carefully sized to ensure they are safe and comfortable to ride.
Find out which Islabike is perfect for you.
You can speak to our customer service team from 9am until 5pm Monday to Friday, except bank holidays.
Tel: +44 (0) 1584 708 383