I have loved the new bike and it has driven me on to a new level of cycling am out nearly every day, I will be cycling 12 miles to work on a regular basis when lighter nights and better weather comes and have taken to encourage other people to start cycling again and indeed going out with them to encourage in the style of a cycle club so not only a lot fitter got a much busier social life altogether brilliant.
Tim Hampson, N/A, Warwickshire County Council
Our calculator will show you the massive savings to be made through Cyclescheme. Due to operational restrictions, some companies cannot pass on the VAT saving to you and in this case you will need to use the tick box below. These figures are for illustration only, and we cannot include costs such as finance charges in this calculation, as these are individual to each scheme
From April 6, 2008 the basic rate of tax will be reduced from 22% to 20%, resulting in a slight decrease in savings through the scheme.
If your annual gross salary is between £40,000 and £42,000 your savings may be reduced due to the position of the tax and NI thresholds, as you will be paying lower rate tax (20%) and higher rate NI (1%)
Type in the cost of your bike, helmet and accessories, and your salary, and we'll calculate the money you could save!