Cycle to Work
UK customers only. Save on a Deviate through salary sacrifice. We accept Cyclescheme, Green Commute Initiative, Bike2Work and Halfords Cycle2Work. Contact us for a quote.
Green Commute Initiative
Green Commute Initiative is leading the industry with its cycle-to-work scheme with no limits. GCI scheme participants benefit from no £1,000 spending cap and no scheme exit fees. Save up to 47%, depending on your tax bracket. Pay monthly through salary sacrifice with no added interest.
Calculate your savings here.
A step-by-step guide to GCI
- Employee expresses interest in scheme and speaks to their HR Dept to gain permission to get a quote.
- Employee checks to see where the nearest registered bike shop is.
- Employee chooses package, bike shop gives price.
- Employee fills in the form on the instant GCI quote page.
- Proforma is generated and the employee takes it to employer to be paid.
- Salary sacrifice agreement and hire agreement are emailed to the employee to be e-signed. GCI then pays the bike shop via a self-invoice.
- Voucher is e-mailed to the employee so they can collect their bike (photo ID required).
- GCI e-mails a copy of the salary sacrifice agreement to the employer and, if applicable, an invoice paid with instructions on how to handle the VAT element.
- Employee's salary is reduced through salary sacrifice for agreed period of time.
- After the hire agreement period ends, GCI invites the employee to enter into a free of charge loan of the bike for a further five years and nine months.
- After loan period ends, the employee makes nominal £1 payment to take title ownership of bike.
Bike2Work Scheme
A government-approved employee benefit for buying bikes and kit at a discount through salary sacrifice, free for employers and employees. Save up to 42% depending on your tax band. There is no government spending limit, though your employer may set one.
- Get a PIN from your employer. If they aren't registered they can sign up here.
- Choose your bike and get a written quotation from us using this form to submit to Bike2Work.
- Your employer receives an invoice and a hire agreement to sign with you.
- Your employer pays and receives your voucher.
- Send us the voucher and we'll arrange your bike.
More information: bike2workscheme.co.uk. If you leave your job, any remaining balance is payable directly, which may reduce your savings.
Cyclescheme and Halfords Cycle2Work
We also accept Cyclescheme and Halfords Cycle2Work. Get in touch for a quote.