Cycle to Work Scheme

Tender description

The 1999 Finance Act introduced an annual tax exemption that allows employers to loan bicycles and safety equipment to employees as a tax-free benefit to reduce environmental pollution and promote healthier journeys. As a result, KCC runs typically two annual Cycle2Work schemes in pre-determined windows, usually in April and September. During this time, employees can take part in the salary sacrifice scheme and acquire bicycles and safety equipment for the primary use of commuting to and from work. They can purchase the bike and equipment at the end of the arrangement. This was procured by the ESPO 319_19-Framework Agreement.