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

Summer is just around the corner, and perhaps you’re dreaming of balmy mornings spent on a brand-new bike, speeding down quiet country roads under big blue skies on one of the best road bikes. Or ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Buyers of expensive manual and electric bicycles through salary sacrifice schemes will have their tax benefits ...

According to the Cycle to Work Alliance (C2WA) – a coalition of the five largest providers of the Cycle to Work Scheme, representing 80 per cent of the market – just 2.5 per cent of bike purchases ...

Rachel Reeves is preparing to limit the tax benefits available through salary sacrifice schemes for purchasing high-value bicycles, the Financial Times reported on 13 November. The chancellor intends ...

The days of funding your next Pinarello Dogma purchase via Cycle to Work may be over. According to the Financial Times, Chancellor Rachel Reeves is planning to introduce a cap on the value of Cycle to ...

In the week following a host of rumours about potential changes to the Cycle to Work scheme, BikeBiz saw posts shared by A&S Cycles owner, Sham Vesamia, on LinkedIn, which offered up a retailer’s ...

The demand for company bikes has exploded as more employers take advantage of an incentive scheme for offering staff a bicycle, the AD reported on Tuesday. By the end of 2024, the number of company ...

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 ...

At the Budget on Wednesday, chancellor Rachel Reeves announced major changes to salary sacrifice pension schemes. From April 2029, the amount of pay workers can contribute while still benefiting from ...