With longer days and warmer weather, now might be a good time to consider offering a Cycle to Work scheme to your employees!
A scheme gives employees the option of purchasing a bike via a salary sacrifice.
There are many reasons to consider implementing a scheme, including:
tax and NI savings (for employer and employee)
improved health and wellbeing
HMRC have a useful document with further details, here:
If you would like to introduce a scheme, our payroll team can help to process the salary sacrifice for your employees. Please don’t hesitate to get in touch for more information.