Cycle To Work Scheme | Employees
With the Cycle to Work scheme, the main aim is to get you commuting to and from work, but that doesn't mean you can't enjoy yourself and use your bike in other ways - You can cycle to Anywhere with the Cycle to Work Scheme AND save up to 42% when doing so. Find out more below.
Free Cycle to Work Bike Exchanges
Getting the right size bike is one of the most important aspects of buying a new ride, so to help you get the perfect fit for your new cycle to work bike, we're offering you FREE size exchanges to give you peace of mind - Just speak to a member of our online bike expert team via Live Chat to take advantage of this offer.
You must be returning the bike for an exchange of a bike the same or similar to the original model that you have purchased and must be for a change of size and cannot be for a refund or reissue of the voucher. If the model isn’t available with us or at supplier level our Online Bike Expert Team will help you find the best suitable alternative.
The bike must have been purchased via a cycle to work scheme and no other payment method.
All bikes should be returned complete, unused and in the same condition as received in an undamaged and resalable condition within 365 days of receipt.
To help us process your return as quickly as possible please fill in our returns form** and include it in the bike box. You will be responsible for any returned items until they reach us.
Once the bike has been received and inspected, we’ll issue a full exchange. We will only release the exchange once the bike has been inspected, so there may be a small delay.
Please note we will only be able to allow one free exchange per customer, if you are unsure of the sizing for your exchange please speak to our Online Bike Expert Team for support.
This offer can be honoured in either of our Tredz Swansea & Cardiff or Giant store, please speak to a store team member for further guidance.
** A returns form is included with your package. Alternatively follow the link below to download the bike returns form.
To return a bike, please call us on 01792 799508 or contact us on Live Chat and we will arrange for a courier collection.
Reserve your Cycle to Work bike
We understand that the Cycle to Work process can be a little slower than we would all like - so to help you pick the perfect ride, we're now offering FREE Cycle to Work Reservations (T&C's apply). Simply speak to a member of our Online Bike Experts Team via Live Chat to discuss your reservation.
We will only be able to reserve the bike for a maximum of 30 days.
We can only reserve a bike that we have in stock, we cannot reserve bikes if they are in stock with supplier or on pre-order.
Once you reserve a bike and show genuine intent to purchase using a cycle to work voucher, should the price of the bike change from the moment you reserved to the moment you’re ready to complete the purchase we will honour the cheaper price.
Nearly new bikes that would be eligible for the cycle to work scheme will be allowed to be reserved within all the other terms that apply.
No deposits to be taken for these reservations and customers will only be able to hold one order at a time.
You are required to know what the voucher limit you will have available will be as set by you HR department. Voucher limits are completely unique to the individual and companies so if you’re unsure please contact your HR department.
You must be able to confirm that the application has been completed and if you have been provided with an ETA for the voucher.
Please ensure the items you are reserving are those that you intend to purchase.
Once you receive your voucher you must return to our customer services team who will redeem and complete the order on your behalf. You must not complete the order online as we cannot guarantee the items you wish to purchase any other way.
This offer can be honoured in either of our Tredz Swansea & Cardiff or Giant store, please speak to a store team member for further guidance.
Customers will be able to reserve 2 bikes per order, as long as they are not the same bike and they are both intended to be purchased and used by the same individual. If you are unsure of which size you will need, you can contact our Online Bike Expert Team via Live Chat open until 8pm week days.
If you wish to reserve a bike or have any questions please call us on 01792 799508 or contact us on Live Chat.
How do I get a cycle to work bike?
Contact Your HR Department
It is important to check with your employer or HR department to see if such a scheme is available and to understand the specific terms and conditions of the scheme. Here you can find your Employers scheme.
Your employer code is a specific number or alphanumeric code that allows you to log into your employers chosen scheme.
Your employer will set your spend limit for your personal cycle to work voucher, we would recommend checking this before looking at equipment.
Choose Your Equipment
Your cycle to work order can include both a bike and accessories, providing they are on or within your voucher amount.
There are certain items such as gps computers, turbo trainers and kids bikes that are not eligible with cycle to work. Here is a list of all the eligible and noneligible items with cycle to work.
We all love to browse for our favourite items, however we would recommend to ensure your items in your basket is within your voucher amount.
Get Your Voucher
Once you know which scheme to use and have decided how much you want to spend you can apply for your cycle to work voucher. The process is slightly different for each scheme.
- Halfords Cycle 2 Work - Click here to apply
- Once you have completed the application process you will receive a Halfords LOC (letter of collection). This will provide you with your LOC number which you can use to purchase your order through the checkout.
- Cyclescheme - Click here to apply
- After you've completed the application process you will be issued a Cycle Scheme certificate with a redemption code which you can use to make your purchase at the checkout.
- Other Cycle to Work Scheme providers
- Contact your HR department to complete the application process.
Redeem Your Voucher at Tredz
To purchase your chosen items enter your Halfords C2W or Cyclescheme Voucher code/LOC at the checkout to purchase your order.
Once entered at the checkout, Click ‘Redeem a cycle to work voucher’ to confirm your purchase via cycle to work.
For other cycle to work providers please email us your signed voucher and order details so we can confirm your order.
End of the Hire Agreement Options
This enables you to choose an extended rental agreement without any additional charges. Your rental agreement continues without any extra payments. Upon completion of the extended term, typically lasting 4-5 years, ownership will be automatically transferred to you.
HMRC fair market values state that employers are required to pay to retain the bike. You might need to cover up to 25% of the bike's value if it exceeds £500 after 12 months.
This option allows employees to decide the fate of the bike at the end of the salary sacrifice period. This option typically provides flexibility for the employee to choose whether to keep the bike or return it. If the employee decides to return the bike, they may have the option to purchase it at a nominal fee, or the employer may retain ownership of the bike.
Age of Cycle | HMRC Fair Market Value | |
|---|---|---|
Original price of bike under £500 | Original price of bike over £500 | |
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