Cycle2Work is a government initiative which offers the most cost-effective way to get new cycling equipment. The scheme is ran through participating employers, meaning you do not have to pay tax or national insurance on these products – saving you up to 47%! This reduced cost is then simply deducted out of your payslip over 12 or 18 months, and Halfords makes the facilitation of this scheme free and easy.
The UK’s Cycle to Work scheme helps your employees’ paychecks go further while encouraging green commutes and healthier lifestyles. The scheme costs you nothing to participate, saves your employees up to 47% on the cost of a bicycle and other cycling equipment, and with Halfords it couldn’t be eaiser. One of the benefits of choosing Halfords is that they make the transition at the end of the loan repayment period extra smooth.