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CYCLE SCHEME

How Does The Cycle Scheme Work?

Cycle2Work is a great employee benefit which offers the most cost-effective way to get new cycling equipment. The scheme is run via a salary sacrifice meaning you won’t pay tax or national insurance – this saves you between 32% and 42% on your new bi

How Much Can I Save On A Cycle To Work Scheme?

Use the savings calculator to estimate your savings under the Cycle to Work scheme. This tool and further details are available on our website.

Do I Have To Cycle To Work Everyday?

In short, no! The government guidelines state that you should use your bike and accessories for commuting for at least 50% of its usage however you do not have to log your bikes mileage and we thoroughly encourage you to use your bike in your spare t

What Are 'Hire Periods and 'Hire Agreements'

Your hire agreement is essentially the 'terms and conditions' of your Cycle to work scheme which you will agree to when applying. Your hire period is the period that this agreement is valid for. It's traditionally also the period in which you will pa

What Happens If My Bike Gets Damaged Or Stolen?

Looking after your bike is your responsibility, however, to make this a whole lot easier we offer all of our customers 30 days of free insurance on bikes purchased from Pearson through our insurance partner LAKA. This insurance is NOT applied automat

What If I Leave My Company Within My Hire Agreement?

We completely understand that life can be unpredictable. If you were to leave your company or be made redundant in your hire period, the remaining gross balance would simply be deducted from your last payslip.