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Cycling Weekly
Cycling Weekly
Sport
Adam Becket

A Cycle to Work budget limit would be a mistake – we need as many people buying bikes as possible

Young man checking out at new bicycle in bikeshop.

Sometimes, the most popular article on our site is a bit of a surprise, or out of left field. Last week, there was no surprise; the most read piece was about proposed reforms to the Cycle to Work scheme.

For those new here, or not in the UK, Cycle to Work allows people to save tax on new bikes by 'loaning' them from their employers, allowing prospective cyclists to save up to 42% on the cost of a full price bike, with payments automatically deducted from their salary. For example, a £2,000 bike for someone on £26,000 a year would end up as £1580, paid for in monthly instalments. It’s a very nifty way to get a bike cheaper, if you’re lucky enough to have an employer who uses the scheme. It’s also a great way of getting people on bikes, which can only be a good thing.

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