Get all your news in one place.
100's of premium titles.
One app.
Start reading
Cycling Weekly
Cycling Weekly
Sport
Adam Becket

Cycle to Work scheme is 'sucking the lifeblood' from local bike shops, say retailers - here's how to save on tax, ethically

A customer chooses a bike in a shop.

The UK's Cycle to Work scheme has received bad press, of late, with retailers claiming that the programme is "sucking the lifeblood" out of stores, while another said that providers would actively poach customers. 

However, the Cycle to Work scheme - which allows people to save tax on bikes via 'loaning' them from their employers - should be a positive incentive used to help get more people riding bikes. It allows perspective cyclists to save up to 42% on the cost of a full price bike, with payments automatically deducted from their salary. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.