bike4work scheme

[Mr. Peri Peri]

Does anyone else's employer take part in the bike4work scheme?

It's about that time of year to pick a bike and sign up so was wondering if anyone else was and what bikes people are picking.

 

[Mr. Peri Peri]

That is the only part I wasn't sure of.. the charge at the end. It doesn't really specify how much it will be but only that it will be based upon the current market value of the bike

I would get the money for the bike deducted from my pay over 12 months pre tax and NI. For a bike around £800 I think it is ~£35 a month, but then there will be whatever the final charge is at the end of the 3 year period.

 

[Mr. Peri Peri]

Cheers for all the info. Still in 2 minds about it really but have a month or 2 to decide