Cycle Scheme

The Cycle to Work scheme provides savings of up to 42%* on bikes and accessories for commuting to work and taking advantage is simple:

Choose
Choose your bike and accessories at our London store or online

Quote
Request tokyobike to provide a quote for your employer to approve / pay

Voucher
Provide a copy of your voucher by email or in store to confirm your order

Collect
tokyobike will assemble your new bike to be collected or shipped!

The savings are achieved through a salary sacrifice arrangement (typically lasting 12 months) and vary based on your rate of income tax. Essentially, the money you pay monthly towards the bike comes out of your gross salary i.e you would have paid tax on that income had it not gone towards the bike.

There are many 'third party' cycle scheme providers like Gogeta or your company can simply purchase the bike directly from tokyobike and adjust the payroll to make the tax savings.

You can also use other bike store schemes like Evans or Halfords. Note that 'admin fees' charged by some retailers are not permitted and tokyobike will never ask you to pay more than the retail price.

Visit our store or email us sales@tokyobike.co.uk for a quote to give to your employer.