Cycle To Work Scheme | Employers
What is Cycle To Work
The Cycle to Work Scheme is a government initiative to encourage employees to commute to work by bike. With Tredz, your employees can purchase bikes and equipment repaying the cost via salary sacrifice. The Cycle to Work scheme offers major benefits including tax savings of 30% to 47% depending on Income Tax band. Most important are the health and well-being benefits that come with cycling to work.
Why Choose Tredz?
Wide choice of Scheme Providers
Employee wellbeing
UK widest range of brands and bikes
Easy to use online ordering process
Easy online Cycle to Work redemption
Free events to promote to your staff
13.8% NIC business savings
Free online bike specialist support
Cost neutral
How do I set up a cycle to work scheme?
Register Your Business
Research the various schemes available to you: look for ease of use, whole cost, no end of hire fee, and other relevant points. Then to register with your chosen Cycle to Work Scheme simply complete an application form using one of the links below:
There are certain agreements in place which you will need to be aware of as an employer for a Cycle to Work scheme, once you have signed up we would recommend you review the supplier agreement.
Set Up Your Scheme Account
Once you've made your Cycle to Work Scheme application and reviewed your supplier agreement you can set up your employer account. This makes it easy to manage your cycle to work scheme for the benefit of your employees and the wider company. Some schemes offer employer portals to make things even easier for you to manage.
Promote your Cycle2Work scheme
Promote the scheme internally to encourage employee participation. Depending on your scheme provider, you can request marketing support for in-house promotion.
With Schemes like Halfords Cycle2Work you can also book a Cycle to Work event to help your employees take advantage of this opportunity to adopt a healthier commuting option.
Approve Your Employee Applications
Once you have set up your account with your chosen provider and your employees have signed up to the scheme, you will then be able to approve your employees’ applications.