Cycle to Work Scheme
Cycle to Work Scheme
Did you know you can use Cycle to Work vouchers on Haibike?
What is a Cycle to Work Scheme?
Cycle to work is a government initiative where you can make tax free savings of up to 42% on a brand-new bike and cycling accessories, by paying for them from your pre-tax salary over 12 months.
There are two Cycle to Work schemes where you can get a Haibike: Cyclescheme or Electric Bike Access. Below you can see how both of these schemes work.
With Cyclescheme you can save between 25-39% on a new Haibike. There’s no deposit and your payments are taken tax efficiently from your salary by your employer.
How it works:
Step 1 - Shop
Firstly, choose any bike here on the Haibike website then head to the Cyclescheme website and use the savings calculator to choose the right package for you. This’ll help you work your total savings and monthly payments.
Step 2 – Apply for your voucher
Simply speak to your employer once you’ve chosen your bike and the amount you want to spend. They’ll give you your Cyclescheme unique employer code and then you can visit cyclescheme.co.uk to request a certificate.
Once your employer approves your request, Cyclescheme will send a certificate to you.
Step 3 - Get your package
Simply email your order, delivery address and certificate details to firstname.lastname@example.org and we will confirm, complete and dispatch your order.
Step 4 - Choose your ownership options
After your hire agreement and salary sacrifice period end, you can make a small additional payment to keep your bike.
At the end of your Hire Agreement, Cyclescheme will contact you regarding ownership options - participants on standard schemes tend to save between 25% and 35% when they use our recommended ownership option.
Have any questions about Cyclescheme? Visit their FAQ section.
Electric Bike Access – by Raleigh
Operated by Raleigh, one of the oldest cycling brands in the world, you can save up to 42% on a bike with Electric Bike Access. Choose from Haibike and our Raleigh and Lapierre sister brand, with the option of home delivery and click and collect into one of our retailers.
How it works
Step 1 – Refer your employer or sign up your business
Sign up your business quickly and easily with our short online forms. The process only takes a few minutes and we can set up an account on the same day.
Step 2 - Login and shop online
Once your employer is signed up we will send you details of how to log in.
From here, head over to the Electric Bike Access website when you can choose your bike, use the savings calculator to work out your monthly payments, order online and submit to your employer for approval.
All the agreements are signed online so it’s fast and hassle-free.
Once your employer approves, we will deliver the bike to your home address or you can click and collect into one of our partner retailers.
Step 3 - Easy ownership
When your Hire Agreement and salary sacrifice ends, you can keep your bike by entering into an extended hire agreement which is totally free, after this period you will own the bike. We will notify you of your options when the agreement is coming to an end.
Visit Electric Bike Access for more information.