The scheme allows UK residents to save tax on bike purchases by ‘loaning’ them from their employers. Cyclists can save up to 42% on the cost of their bike, which since the initial £1,000 cap was axed ...

Last month, data from the Cycle to Work Alliance showed that the system brought £219 million in bike and accessory sales last ...

The government is preparing to tighten the rules around the Cycle to Work scheme, prompting concern among workers who rely on its tax benefits to manage commuting costs. Early briefings suggest that ...

It’s been over 25 years since the UK Cycle to Work scheme was introduced, enabling employees to use salary sacrifice to purchase bicycles and latterly ebikes, as well as cycling equipment for their ...

Ahead of the budget, the chancellor is believed to be preparing a controversial tax raid on salary sacrifice schemes.