Refreshed Cycle to Work scheme includes e-bike perks
The government has updated its Cycle to Work guidance, which is an initiative to encourage employees to cycle to work, which can reduce transport emissions, congestion and improve fitness.
The Scheme offers employees the opportunity to get a new bike and accessories, tax-free.
The refreshed guidance will make it easier for employers to provide bicycles and equipment including e-bikes worth over £1,000, by making it clear that FCA authorised third party providers are able to run the scheme on their behalf.
E-bikes have an integrated motor that helps a cyclist pedal, allowing them to reach speeds of up to 15.5 mph in the UK. They also have the potential to make it easier for older or less fit people to make cycling a part of their commute.
Michael Ellis, Cycling Minister, said: “I want everyone to feel empowered to make cycling a part of their everyday lives, and our refreshed guidance provides many incentives to help people do this.”
A recent survey of 2,000 commuters (commissioned by Evans Cycles) estimated that by switching from car, bus, tube or train to e-bikes, commuters could save an average of £7,791 over 5 years.
Tracey West, a Sellafield Ltd employee purchased an electric bike last year through the scheme, she said: “The scheme allowed me to buy a powerbike from a local supplier and I now cycle to work every day. It’s a great way of getting fitter, reducing vehicles on the road and a lot better for the environment.”