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Tax-efficient Cycle Purchase Explained!
The Government allows employers to provide their staff with bikes as a tax-free benefit. Take up has been slow, partly because neither the Treasury nor the Department for Transport have publicised it. Now, the scheme is receiving a bit of a marketing push, part of which includes the production of a leaflet that explains the benefits of cycling for employers and gives detailed advice on how to set up a cycle purchase scheme.
Click here to download it as a PDF. Alternatively those nice people at Life Cycle UK will mail you a paper copy (it's free but they ask for a contribution towards postage and packing).
date added: 03-08-2006

