cycle to work scheme??
Hi i work for NHS and the cycle to work scheme starts end of april with my employer, is this worth taking part or is it cheaper to take 0% finance of a year with bike dealer?
I believe this scheme saves you the income tax that you would have paid on the cost of the bike. Therefore it is better than a 0% interest loan. The higher your income tax bracket the better it is. I wish we had the same sort of scheme here.
I've asked a few people and i'm getting mixed opinions, cheers for the reply. Have you asked your company if they would take part?.
This isnt available in Canada, but my daughter is in London and a friend of hers got a huge saving on his bike. I suspect there might be delays in setting up the purchase, which could result in the best biking weather being over by the time you get your bike