ACCEPTED CYCLE TO WORK SCHEMES
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Bike2Work Scheme
REILLY CAN BE FOUND UNDER LOCAL BIKE SHOP / BRIGHTON
As the UK's no.1 independent provider of the Government Cycle to Work scheme, we believe that bikes are good for everybody. Employees can now save on Bikes and accessories over £1000! -
Cycle2Work
REILLY ACCEPT THESE VOUCHERS EVEN THOUGH THE SCHEME IS RUN BY HALFORDS
Cycle2Work offers something for everyone, whether a beginner or enthusiast and irrespective of age, gender, ability or budget. -
Cyclescheme
REILLY LISTED UNDER BIKE RETAILER
Cyclescheme is an employee benefit that saves you 25-39% on a bike and accessories (or even more with our offers). You pay nothing upfront and the payments are taken tax efficiently from your salary by your employer.
www.cyclescheme.co.uk -
Cycle Solutions
REILLY ACCEPT THESE VOUCHERS EVEN THOUGH THE SCHEME IS RUN BY CYCLE SOLUTIONS
One of the UK’s leading Cycle to Work scheme providers, Cycle Solutions save money for your organisation and employees through the best workplace benefits available.
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Enjoy Benefits
REILLY LISTED AS BIKE SHOP IN BRIGHTON
Our cycle to work scheme allows you to have;
- The bicycle you want
- From the retailer you want
- All at a price you want!
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Gogeta
REILLY LISTED UNDER BIKE SHOPS
gogeta offers an easy and fast cycle to work scheme with the biggest savings. gogeta offer flexi-vouchers so you can spend it as many times as you want, in different stores, until the balance runs out. No hidden fees or surcharges means gogeta customers enjoy the best savings
www.gogeta.bike -
Green Commute Initiative
REILLY LISTED AS BIKE MANUFACTURER
Green Commute Initiative is a Social Enterprise with a vision to get commuters out of cars and onto any kind of bike, with the dual purpose of improving both the individual’s health and wellbeing, as well as reducing the environmental impact of pollution and congestion from cars. We do this through our cycle to work scheme.
www.greencommuteinitiative.uk -
My Benefits World
NO RESTRICTIONS. JUST LOG THE MAKE AND MODEL OF THE REILLY BIKE INTO THEIR BENEFIT PLATFORM.
The scheme enables an employee to get a new bicycle and/or safety equipment and pay for it through their salary sacrifice, typically saving them between 32% and 45% off the cost (depending on their personal rate of tax).
www.mybenefitsworld.co.uk -
Ride-To-Work
REILLY ACCEPT THESE VOUCHERS EVEN THOUGH THE SCHEME IS RUN BY EVANS CYCLES
Evans Cycles is the UK's largest specialist cycle and electric bike retailer and our Ride-to-Work scheme will give you access to our full range of quality bikes, clothing and equipment and a saving of up to 42% on the total value.
www.evanscycles.com -
Vivup
REILLY ACCEPT THESE VOUCHERS EVEN THOUGH THE SCHEME PROMOTES EVANS CYCLES & CYCLE SOLUTIONS
Getting out in the fresh air and enjoying the warm, well-lit days of spring is a great way to boost your physical and mental wellbeing. One such way to experience this regularly is by switching to cycling on your commute to work.
HOW TO SAVE UP TO 40% ON THE COST OF A BIKE
Cycle To Work is a way to pay for a new bike through a monthly salary sacrifice. You spread the cost of the bike over monthly tax-free installments through your employer. You don’t pay tax on a bike purchased via a cycle scheme so you could save as much as 40% on the cost of a bike. The installments usually run for 12 months but with some schemes you can opt for a 4 year repayment plan.
You can save up to 40% on the cost of your bike through monthly tax efficient payments.
On top of this you can save money on your regular commute.
According to confused.com the average weekly commute cost £136.00 by train and £80 by car. Imagine you spend £136 per week x 48 working weeks = £6,528. If you earned £30k a year, bought a Reilly Gradient costing £3849 (via the Green Commute Initiative cycle scheme), the total saving on the bike would be £1231.68 or 32%. Your monthly take home would be reduced by £218.11. The cost of your commute would be less than 8 quid a week for the first year and then virtually nothing when the bike is yours.
There are several different providers, all with slightly different parameters. Reilly Cycleworks accept vouchers from all providers.
The basic premise works like this –
Your employer registers with a scheme provider.
You choose the bike you want.
You can choose from any bike shop or manufacturer irrelevant on which scheme our company has chosen. Note, some employers or schemes operate a max spending limit.
Your employer pays for the bike.
You will receive a voucher code. Email or WhatsApp it to Reilly. Reilly will arrange for your bike to be sent to you.
You pay your employer back through monthly installments taken through payroll. These are taken before tax so you are paying less tax and NI while paying off your bike. There is no limit on the amount of times you use a cycle scheme. Once you have paid off one Reilly bike you can go ahead and sign up again and get another Reilly bike.
Cycling is aerobic exercise which has been proved to reduces cortisol the “stress” hormone and increase endorphins the “happiness” hormone. Not to mention the fitness benefits of cycling on a regular basis.
According to the mental health charity Mind, cycling can make you feel more positive about yourself. As well as observing yourself becoming fitter, you prove to yourself that you’re up to the challenge which can result in a sense of satisfaction and self-control that helps you withstand stress better.
Let’s not forget if you ditch your car in favour of a bike then your heart, your wallet and the environment will benefit. Win Win Win.