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Cycle to Work Scheme

A.F. Blakemore Cycle to Work Scheme

Save up to 42% on a new bike and accessories

Cycle to Work

What is Cycle to Work? 

A.F. Blakemore has partnered with Halfords to offer employees a Cycle to Work scheme. 

Cycle2Work is a great employee benefit that offers a cost-effective way to get new cycling equipment.

The scheme is run via a salary sacrifice, meaning that you won’t pay tax or national insurance – this saves you between 32% and 42% on your new bike and accessories.

This reduced cost is simply deducted out of your payslip over 12 months, so there’s no need to worry about large one-off costs.

You can apply for anything between £100 and £1,000, which means you could save up to £320 on a new bike and accessories!

The amount you can spend will be determined by A.F. Blakemore at the point of approval. 

You can choose your new bike and accessories from hundreds of brands in-store or online from Halfords, Tredz or one of the independent shops that the scheme works with. 

Cycle to Work stages

How Much Does It Cost? 

If you apply for £100 £500 £1,000
RRP monthly cost* £8.33 £41.67 £83.33
Cycle2Work monthly cost £5.67 £28.33 £56.67
Cycle2Work total cost  £68 £340 £680

*Please note this is the amount that will appear on your payslip. Based on a Basic Rate tax payer on a 12-month hire aggreement.

For an accurate quote, visit www.cycle2work.info/bikes/savings-calculator

 

How Do I Sign Up? 

A.F. Blakemore's Cycle to Work scheme operates two four-week application windows each year. 

The scheme will next open for applications in early 2021. More details on how to apply will be made available nearer the time. 

 

Further Information 

Please click on the below for further information: