Cycle to work salary sacrifice scheme
How the scheme works
You choose a bike and any accessories through our provider Vivup. You loan these for an agreed length of time and exchange a set amount of your salary each month during the loan period. Reductions are made to your gross salary, so you can make savings on Income Tax and National Insurance contributions, where applicable.
Deductions will typically begin the month following application. When your Hire Agreement and salary exchange ends, you can keep your package by making a small additional payment (sometimes known as a Disposal Fee) back to Vivup.
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