A rumoured return to a £1,000 Cycle to Work scheme limit failed to materialise in the 2025 budget, with the Cycle to Work ...

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

Despite rumours and reports that cycle to work (C2W) was going to be receiving a new limit to weed out abuses of the system, the Chancellor did not announce any ...

The scheme, launched in 1999, allows people in the UK to save tax on bikes by 'loaning' them from their employers, allowing prospective cyclists to save up to 42% on the cost of a full price bike, ...

Last Thursday, the Financial Times broke the story of the Government’s potential cap on Cycle to Work purchases, quoting a Government source as stating that “taxpayers shouldn’t be footing the bill ...

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 ...

One government figure justified the planned move by saying the salary sacrifice scheme should be about “helping ordinary ...

For 25 years this simple, proven policy has helped over two million people afford a bike for their commute - from nurses and ...

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.

Chancellor is expected to introduce a new limit on how much can be spent on a bicycle through a cycle to work scheme.

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...