Cycle to work scheme

These pages reproduce internal policy documents, which may change from time to time and which apply to UK employees only.

Where there is a difference between these pages and the policy documents on Confluence, the policy documents shall prevail.

You can participate in the ‘cycle to work scheme’, which allows you to obtain commuter bikes and cycling accessories through iwoca, whilst spreading the cost over 12 (or more) months and making savings through a tax break.

It’s a 'salary sacrifice' employee benefit, meaning that you agree to give up part of your salary in exchange for a benefit – in this instance the benefit is a bike and/or accessories.

Why join the scheme?

Improve general health and well-being

Save money on daily travel costs

Help the environment by reducing toxic car fumes

Save 25-42% on a bike and accessories

Payments are taken tax efficiently from your salary by iwoca

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