Get the free Cycle to work scheme - University of Exeter
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WWW.cyclescheme.co.uk/c22f42
The scheme is open for employees of Bobby Line Group to enrol online now! How to Request a Bike.
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How to fill out cycle to work scheme
How to fill out cycle to work scheme
01
To fill out the cycle to work scheme, follow these steps:
02
Find out if your employer offers the cycle to work scheme. This can usually be done by contacting your HR department or checking your employee benefits package.
03
Choose a participating bike shop or online retailer where you would like to purchase your bike and accessories.
04
Select the bike and accessories you wish to purchase, keeping in mind that the scheme has a maximum value limit.
05
Contact the chosen bike shop or retailer and inquire about their cycle to work scheme process.
06
Obtain a quote from the bike shop or retailer, including the cost of the bike and any accessories you intend to purchase.
07
Fill out the necessary paperwork provided by your employer or the scheme provider, including the quote and your personal details.
08
Submit the completed paperwork to your employer or the scheme provider.
09
Once approved, you will receive a voucher or certificate to redeem at the chosen bike shop or retailer.
10
Use the voucher or certificate to purchase your chosen bike and accessories.
11
Repay the cost of the bike and accessories through salary sacrifice over an agreed-upon period, usually 12 to 18 months.
12
Enjoy cycling to work and all the associated health and environmental benefits!
Who needs cycle to work scheme?
01
The cycle to work scheme is beneficial for:
02
- Employees who want to commute to work by bike and improve their health.
03
- Individuals who want to save money on the cost of a new bike and accessories.
04
- Employers who wish to promote a healthier and more sustainable commuting option for their employees.
05
- People who are passionate about cycling and want to make it more accessible for others.
06
Overall, anyone who desires a cost-effective and eco-friendly way of commuting can benefit from the cycle to work scheme.
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What is cycle to work scheme?
Cycle to work scheme is a government initiative that allows employees to purchase a bicycle and cycling equipment tax-free through salary sacrifice.
Who is required to file cycle to work scheme?
Employers are required to file cycle to work scheme for their eligible employees.
How to fill out cycle to work scheme?
Employers can fill out cycle to work scheme by setting up a salary sacrifice arrangement with their employees and providing the necessary documentation.
What is the purpose of cycle to work scheme?
The purpose of cycle to work scheme is to promote cycling as a healthy and environmentally friendly mode of transportation.
What information must be reported on cycle to work scheme?
Employers must report the details of the salary sacrifice arrangement and the cost of the bicycle and cycling equipment provided to employees.
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