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Allow you employees to obtain commuter bikes and cycling accessories whilst spreading the cost over 12 months and making unbeatable savings through a tax break.
As part of the 1999 Finance Act and the Governments’ Green Transport Plan the cycle to work scheme was launched to cut congestion on the roads, improve the health of the nation and have a positive impact on the environment.
The scheme allows the employer to generate up to 13.8% saving for Employers National Insurance.
Employers save up to 13.80% in National Insurance Contributions (NICs) for every employee who goes through the scheme.
On average, an employer will save £138 N.I. for every £1,000 they process via the scheme.
Employers gain a healthier, happier and more productive workforce when your employees cycle to work.
When employees cycle to work, they typically reduce their Carbon footprint.
Your employees save 25 – 39% on a new bike and get to spread the cost too.
When your employees get a bike through an approved scheme, they do not pay Income Tax or Employees National Insurance on the total cost.
A benefits partner, not just a benefits provider. Their one stop shop streamlines the Cycle to Work Scheme process and dramatically reduces employee queries, a dedicated customer success expert is on hand to tackle any that remain. Plus a fully administered end of hire agreement.
GCI has been around for 7 years and during that time they’ve won significant accounts from the other providers and introduced thousands of SMEs to the scheme via their accessible pay-as-you-go scheme; Instant GCI.
Gaining traction in the industry hasn’t been easy and the nay-sayers made the barriers hard to break down, but there pioneering no-limits, no fees model showed there was a better way. The endorsement from Department for Transport proved that
Cycle Solutions provide free on-site road shows for you and your employees, advising staff how the scheme works, whilst displaying a range of bikes and equipment.
They design and produce unique marketing materials entirely free of charge:
The biggest selection of cycling brands to choose from as they’ve partnered with over 2,600 bike shops across the UK, including independent bike shops in your local community, big-name stores, online retailers and even brand direct.
Access to a range of fantastic cycle-centric extras such as: