Woohoo!!! I’ve finally got a place in Ride London!
100 miles of traffic free riding through the Big City!
As it’s a ballot ride I never thought I’d get it – I am over the moon.
This means that my training will have to increase to ensure that I make the most of the ride and the iconic landmarks that I will see along the way.
I cannot wait – roll on 30th July!
I will inevitably be riding to and from work as a result which got me thinking about if it was possible for any of your employees to be able to do the same. Please note that no journey records need to be kept though. The scheme covers all types of cycles – not just road.
The cycle to work scheme allows employers to loan cycles and cyclists’ safety equipment to employees as a tax free benefit.
This will also save you employers’ national insurance if done by a salary sacrifice.
You will also claim full capital allowances on the cost of the cycle in the normal way as you would any other asset.
If you require any further details please contact us and we can discuss.