Cycling to work

Cycling to work offers benefits to both employers and employees. You can beat the congestion and arrive at work feeling refreshed, awake and ready for the day. You could set up a Bicycle User Group at work or ask your employer about accessing a range of incentives that are in place to encourage  people to cycle to work.

Discounted Cycle Loan & Purchase

The Cycle to Work initiative takes advantage of legislation introduced by the government to encourage employees to bike to work.

Employees can receive a bike tax-free through a salary sacrifice scheme, typically over a 12 month period. Depending on earnings an employee could save up to 50% on the full retail price of a bike and associated accessories.

Find out more: www.cyclescheme.co.uk   

Travel Plan Grants

Bath & North East Somerset

Find out more: http://www.bathnes.gov.uk/BathNES/transportandstreets/transportpolicy/TravelPlans.htm

Bristol

Businesses can apply for grants of up to 40% (50% in exceptional cases). The grant can be used towards providing or improving cycle parking, showers, travel information(such as a map) etc.

Find out more: http://www.bristol.gov.uk/ccm/content/Transport-Streets/transport-policy/travel-plans.en?#internalSection1

North Somerset

North Somerset Council would like more employers to encourage people to cycle to work so have set up a grant scheme to help. If you would like to improve facilities at work (e.g showers or cycle parking) your employer could receive a grant of up to 50% of the cost of providing them.

Contact: sustainable.travel@n-somerset.gov.uk  

South Gloucestershire

Businesses can apply for a financial contribution of up to 50% to help fund travel plan measures and initiatives such as pool bikes and cycle parking.

Find out more: http://www.southglos.gov.uk/SustainableTransport

Cycle Mileage

Employers can pay up to 20 pence per mile (tax free) to employees who use their own bikes for business travel. (Journeys between home and work are not classed as business travel).Employers can, if they wish, pay mileage at a higher rate but this will not be tax free.  

If the employer doesn’t pay cycle business mileage, employees can claim tax relief on 20p per business mile, or on the balance up to 20p per mile if the employer pays less than this rate.

For more information on tax issues visit www.hmrc.gov.uk