A proposed cap on the Cycle to Work scheme, expected to be announced in the UK government's upcoming Budget, has divided opinion among Cycling Weekly readers.
The scheme allows UK residents to save tax on bike purchases by ‘loaning’ them from their employers. Cyclists can save up to 42% on the cost of their bike, which since the initial £1,000 cap was axed in 2019, counts five-figure road bikes as much as £200 beginner options.
