Cycke to work shemes

Gazbomb

New Member
Sep 11, 2021
19
9
Essex
Hi is the cycle to work scheme a good idea seems the catch is when the hire agreement ends you dont own the bike after paying 12 months for it
 

Jimbo Vills

E*POWAH Master
May 15, 2020
805
1,429
Kent
It’s pretty much to create the tax loop hole imo. Pay your final figure take the own it later option. Then there is a hire free period, afterwards you own the bike. Or own it now.

No one rings or comes round and takes your bike off you mate. ?

That was my scheme anyway.


Saved loads overall on the bike and will do it again on the next one ??

F734B67A-11B0-4C04-9B24-62F990582332.png
 

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