Recent changes to cycle scheme rules
Prior to June 2019 the limit was capped at £1000. The DFT have since updated their guidance to allow Certificates of any value to be requested.
Why has it changed?
Due to their value, e-bikes were precluded from being ordered through the scheme. Given their popularity and demand for cycle commuting this was a major issue.
Therefore, the Cycle to Work Alliance (CTWA) lobbied for changes to the scheme to promote more cycling inclusivity, which also happened to include the purchase of e-bikes. This has resulted in the limit of the scheme being updated so
that you can now obtain a market leading Ribble e-bike.
Can any employee order a bike over £1000?
Not necessarily, employers are free to set any limit that they see fit. Therefore, before applying for a Cycle to Work certificate we would first advise that you to speak to your employer’s cycle to work administrator. They will
provide you with all the necessary information that you need for your application.
(If your employer already has their own FCA authorisation then they probably already accept orders above £1000).
WHY THE GUIDANCE IS GREAT NEWS
E-bikes are changing the way that we travel but are more expensive than traditional bikes. You can now get your hands on one of the most advanced e-bikes in the world for a fraction of its RRP.
Is the Cycle to Work worth it?
Absolutely! Previously you would only make any savings on the first £1000 of the total value of the order. Now you make savings across the value of the entire bike package. These savings could save you on average somewhere between
25-39% of the value of the order. We think you will agree this is a substantial saving.