Cycle to Work Scheme - tax-free electric bikes
Buying an electric bike through the Cycle To Work Scheme can save you hundreds of pounds!
Q: What is the Cycle To Work Scheme?
A: The Cycle To Work Scheme is a Government-backed initiative to encourage people to bike to their place of work. By purchasing your Juicy Bike through this scheme you can make big savings!
How the scheme works
Your employer must first sign up for the scheme. Many companies are already signed-up and if yours has, the next step is simple...
You choose a bike from an approved supplier.
Juicy Bike is already an approved supplier for this scheme, and all of our range is available and each bike approved. You simply need a quote from us to give to your employer.
Your employer pays for the bike and reclaims the VAT. The bike is then for your personal use and for qualifying journeys, (commuting to work). You can use the bike as you like without keeping any records. The VAT-free price is deducted from your salary over a period of time (typically 18 months), but as you don't pay tax or NI on the income that's deducted, you make further savings!
LATEST NEWS: The Cycle to work scheme has just become even better!
The allowance for purchasing an electric bike under the CTW Scheme is now vastly increased and most of the employer schemes have been updated to allow a much more realistic maximum value - unlimited in most cases.
So we have made our process for obtaining a quote even easier than ever before.
To obtain your quotation simply choose any bike you want, from our excellent range.
- Just purchase the bike in the usual way choosing to pay by Bank Transfer - just don't pay us!
- Reply to our email following your order to let us know you are applying for CTW. We'll send you the document you need to make your application with your employer scheme.
- When you have your voucher, often just a few days later, we should have all the details we need to get your bike to you and get you riding as soon as possible.
Full Cycle Scheme details are available to download here from GOV.UK.