BHN Extras – Cyclescheme

Cyclescheme is a popular UK initiative that helps employees save money while promoting healthier, eco-friendly commuting. Through this salary sacrifice scheme, employees can access bicycles and cycling accessories with savings of up to 42%, thanks to reduced Income Tax and National Insurance contributions. Payments are spread over 12 months, allowing participants to enjoy interest-free, manageable deductions directly from their gross salary.

One of Cyclescheme’s key advantages is its simplicity and wide accessibility. Employees can choose their bike and accessories from over 2,600 retailers nationwide, encompassing both local independent stores and major chains. This diverse network ensures a broad selection of options, including traditional bikes, e-bikes, and essential cycling gear like helmets, lights, and clothing. There is no set spending limit, making it suitable for a range of budgets and needs.

Employers benefit from offering Cyclescheme as it supports employee well-being, encourages sustainable commuting, and reduces carbon footprints. By facilitating healthier and greener travel, companies can foster a more engaged and environmentally conscious workforce while contributing to their Corporate Social Responsibility (CSR) goals.

Cyclescheme also goes beyond just the purchase of bikes and equipment. It offers participants additional perks, such as exclusive discounts on insurance, cycling maintenance, and community events. This comprehensive approach enhances the cycling experience and ensures ongoing support for new and seasoned riders alike.

For employees, Cyclescheme provides a straightforward way to enjoy the benefits of cycling—whether for commuting, leisure, or fitness—while minimizing upfront costs and financial burden. Its combination of affordability, flexibility, and long-term savings has made it a trusted option for employers and employees looking to embrace a healthier, more sustainable lifestyle.