Cycle to Work Scheme
To promote healthier journeys to work and to reduce environmental pollution, the 1999 Finance Act introduced an annual tax exemption, which allows employers to hire cycles and cyclists’ safety equipment to employees as a tax-free benefit. The exemption was one of a series of measures introduced under the Government’s Green Transport Plan, promoting healthier journeys to work and reducing environmental pollution by making cycling more attractive. The scheme allows employees to benefit from a long term hire of cycles and commuting equipment such as lights, locks and can be seen as a tax free solution to health improvement.
If you are interested in participating in the scheme and wish to acquire a bike we strongly advise that you initially spend a few minutes reading the Frequently Asked Questions via the link below. These have been specifically developed to answer questions staff members may have about the scheme. Should you have any additional questions however please e-mail firstname.lastname@example.org or contact the Human Resources Department.
The Cycle to Work Scheme is being offered by the University in partnership with P&MM Employee Benefits.
By working in partnership with them this allows staff members to purchase a cycle from a local independent retailer (cycle plus) or from Halfords (Cycle2Work) providing staff members with choice, and the best of both worlds!
You will undertake the application process directly with P&MM, and this can be done over the telephone or on-line. Please click on the link below which will take you directly to the P&MM site. Should you experience any difficulty in gaining access please e-mail email@example.com.
The scheme is available to Bangor University staff members only.
The scheme will be open again:
- from the 1st to the 31st January
- from the 1st May to the 31st May
- from 1st October to the 31st October
- Click here to take your first step towards your new bike
The Bangor University cycling website may be of interest to you. It has been developed for cyclists of all abilities and gives information about local cycling routes and local cycling initiatives. It also identifies where on the University site you can secure your bike and take a shower http://cycling.bangor.ac.uk/
In January 2012 the University implemented the Cycle to Work Scheme that has proved incredibly popular with staff members. To date, over a hundred and forty staff members have participated and to celebrate this success a prize draw was held.