Folding eBike
GS GoCycle Raleigh Stow-E-Way Roodog Bliss Kudos Secret Montague Boston KwikFold ExiteeMTB
Roodog Kudos Oxygen Ideal TraxerCity/Urban
Kudos Roodog Oxygen Ideal GoCycle GS KwikFoldUni-Sex/Step-Through
Roodog Oxygen Ideal Raleigh Array Raleigh MotusCrossbar/Step-Over
Kudos Roodog Oxygen Ideal
eBike Insurance
Credit Terms Available
eBike Insurance
Credit Terms Available
- Read our News here
- Cycle to Work Schemes
Registered Cycle to work supplier
SAVE UP TO 42%
www.cyclescheme.co.uk
Halford Vouchers accepted
www.greencommuteinitive.uk
NHS Trust
www.benefitsbrochure.com - Bike Electric's eMTB range
- Bike Electric's Folding eBike range
- Select from our eBike Manufacturers below, we are Appointed eBike Dealers for:
- GoCycle G3, GX and GS
The NEW GX model ticks ALL THE BOXES! Folds up with the wheels on and a joy to push along. The ultimate in style. Lightweight, the GX really is a great folder! - GoCycle GX now folds down in just 5 seconds and ready to roll!
The G3 IS BACK and the GS in its many colours stays with us. - Raleigh Bosch mid-motor range
SPRING SALE ON SELECTED MODELS - NEW Bosch Active and Active Plus mid-motor Range
Motus Tour and Grand Tour with 45Nm Bosch Motor
Raleigh Centros with powerful 75Nm Bosch Motor
Great Quality eBikes at a suprisingly low prices - Westhill Lightweight eBikes
- Lightweight Road eBikes & eMTB
Lock & Load Battery HIDDEN in downtube
Click 'n Collect with Zero% Finance - EBCO eBike range
- New for 2019 - Rear Rack with Embedded Battery
Entry-Level eBikes for both the smaller & taller rider - Ideal Shimano STEPS Tourers and eMTBs
- High Performance Traxer eMTB for the professional
with 70nm Shimano power and Fox fork option
Mid-Motor Sports Aroma.
Alfine 8Di2 Electronic Gearing.
Embedded 504Wh batteries - KwikFold Xite Folder
- A dream to take on the train or underground -
folds down in 5 seconds!
Built to handle the harshest road bumps - Oxygen S-Cross Tourers and eMTB
- Winners of 'Atmosphere Electric Bike Championship'
Robust, stylish eBikes for the taller Rider with Embedded Battery in the downtube - Roodog Entry Level Smaller Frame eBike Range
- Extensive Selection of Urban, MTBs & Folding eBikes
Entry-level pricing, yet robust with good-size batteries - Kudos: Stylish Road, Sports and Folding eBikes
- Great graphics. Lightest and lowest-cost Folders
- Montague Boston: a full-size 700c Folder
- Robust Frame with Regeneration Power for a fast ride
- ADULT EBIKE STABILISERS
The Cycle to Work Scheme is a UK Government-backed tax exemption initiative where through your employer you purchase a bike (the bike remains the property of the employer until fully re-paid) for travelling to and from work, or the station.
With a cost saving of up to 42% as well as the benefit of fuel savings, increased fitness and other general health benefits, now is the ideal time to ask your employer if they will become part of the scheme.
Finance now available
Check your Employer has a Cycle to Work Scheme and save up to 42% on your purchase and spread the cost over the year. We work with several of the Cycle to work Scheme providers. Including: www.GreenCommuteInitiative.uk, www.cyclescheme.co.uk as used by the NHS, www.bike2workscheme.co.uk by Corporate Companies, www.cycle2work.info Scheme Vouchers from Halfords.
The Green Commute Initiative Cycle to Work Scheme we offer clients has no limit. This means higher quality eBikes can be purchased
The
Cycle to Work Scheme
The Scheme Benefits to You and Your Employer
This is how it works...
- The employee selects chosen eBike “Tax and VAT free” with your savings on the PAYE and NI contributions.
- The Company saves on its NI contributions on the reduced resultant salary.
- The Company can also treat the cost as a capital expenditure and claim the capital allowance.
- The employee and the employer both benefit from no need for an expensive parking space.
- The Employee and the employer both benefit from you as a healthier, motivated worker.
The Steps are Straightforward
You ask your Company to set up our proposed “Cycle to Work” scheme by completing our form to purchase the eBike that will set up a loan agreement with you as the employee which is deducted from your salary.
You commit to a small monthly deduction in gross salary fully mitigating the cost the employer over typically 12 to 18 months.
Step 1: You select the Electric Bike you wish to purchase.
Step 2: Your employer applies to join the Scheme by completing our Form.
Step 3: Their eligibility and maximum amount is confirmed.
Step 4: You request a Quotation for the chosen eBike which is then sent to the Scheme provider together with the information required for the salary sacrifice scheme.
Step 5: The documents are sent to your Employer for you both to sign the Hire and salary sacrifice agreement with your employer.
Step 6: Your Employer Orders the eBike and the Scheme provider Invoices your employer. When paid the scheme provider supplies you with a Payment Voucher and on presentation with photo ID we release the eBike to you.
Step 7: Your Employer takes the agreed monthly sum from your salary.
Step 8: In 11 months the Scheme provider manages the end of scheme process to transfer ownership to you by you making a Fair Market Value payment or continuing the agreement.
At this time you have the option of paying the Benefit in Kind (BIK) tax on 25% on the original value. Typically on a £1000 eBike between £80.00 and £105.00. Or otherwise seek an extended loan with your employer of up to 5 years which reduces the tax amount to just 2%. Your employer cannot cancel this Agreement even if you have left their employment and you are the appointed as their agent to dispose of the eBike at the end of the agreement. There are no charges by the Scheme Provider for making this arrangement.
Buying your eBike through the scheme
Below are typical examples of the Financial Savings for both the Employer and the Employee according to the eBike Cost. NOTE: All fiscal examples subject to revised Quotation as these are only typical examples at time of publication.
| Employer Financial Example | |||
| Total Price of eBike and Equipment | eBike at £1499.00 | eBike at £1949.00 | GoCycle G3 at £3299.00 |
| Cash Neutral Finance Cost | £105.00 | £136.00 | £231.00 |
| Total Cost | £1604.00 | £2085.00 | £3530.00 |
| Employee Salary Sacrifice | £1499.00 | £1949.00 | £3299.00 |
| Position before Tax Savings | -£105.00 | -£136.00 | -£231.00 |
| Employer NI Saving | £207.00 | £269.00 | £455.00 |
| Employer AIA Tax Saving | £250.00 | £325.00 | £550.00 |
| Total Employer Gain after Tax Savings | £352.00 | £457.00 | £774.00 |
| Employee Financial Example >> Higher Rate Taxpayer | |||
| Total Price of eBike and Equipment | £1499.00 | £1949.00 | £3299.00 |
| Gross Monthly Salary Sacrifice | £125.00 | £162.00 | £275.00 |
| Net Monthly Salary Sacrifice (x12) | £72.00 | £94.00 | £159.00 |
| HR Taxpayer Total Price of Bike | £869.00 | £1130.00 | £1913.00 |
| Higher Rate Taxpayer Savings | £630.00 | £819.00 | £1386.00 |
| Employee Financial Example >> Basic Rate Taxpayer | |||
| Total Price of eBike and Equipment | £1499.00 | £1949.00 | £3299.00 |
| Gross Monthly Salary Sacrifice | £125.00 | £162.00 | £275.00 |
| Net Monthly Salary Sacrifice (x12) | £85.00 | £110.00 | £187.00 |
| BR Taxpayer Total Price of Bike | £1019.00 | £1325.00 | £2243.00 |
| Basic Rate Taxpayer Savings | £480.00 | £624.00 | £1056.00 |
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