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Empower Your Commute: The Ride to Work Scheme

u201cEmpower Your Commute: The Ride to Work Schemeu201d is more than just a guideu2014itu2019s your teamu2019s ticket to a healthier, happier, and greener commute. This presentation breaks down how the UKu2019s Ride to Work Scheme helps employees save up to 51% on bikes and cycling gear through a simple, tax-saving salary sacrifice model. But itu2019s not just about savingsu2014it's about creating a workplace culture that values well-being, sustainability, and smart financial choices.<br><br>Ready to make commuting smarter and greener? Letu2019s ride with Cycle Centre.

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Empower Your Commute: The Ride to Work Scheme

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  1. Empower Your Commute: The Ride to Work Scheme Discoverhowthe UK's Ride toWork Scheme canrevolutioniseyourteam'scommute.Unlock significant savings of upto 51%on bikesand accessories,whilesimultaneouslyboosting employee well-being andsupporting yourorganisation'ssustainabilitygoals.We'vepartnered with Cycle Centre, a leading scheme provider, tobringyouthiscomprehensiveguide. https://www.cyclecentre.com/

  2. What is the Ride to Work Scheme? Government-BackedInitiative SalarySacrifice Model AUKgovernmentinitiativedesignedtopromote greener and healthier commutes for employees. Employees'hire'bikesandcycling accessories through a salary sacrifice arrangement. Tax and NI Savings Ownership Option Deductions are madefromgross pay, leading to substantial savings on income tax and National Insurance. Atthe endof the hireperiod,employees have the option to purchase the bike at a low Fair Market Value.

  3. How Does the Scheme Work? EmployerRegistration Youremployerregisterswithacertified scheme provider, such as Cycle Centre. Employee Selection Employeeschoosetheirdesired bike and safety equipment. Cycle Centre offers no value limit. Employer Purchase Theemployerpurchasestheselected cycling package directly from the provider. Monthly Deductions Employeesrepaythecostviamonthly deductions from their gross salary, typically over 12 months. Bike Ownership Uponcompletionoftheagreement, the employee gains full ownership of the bike for a small fee.

  4. Benefits for Employees: Save Big, Ride Well FinancialSavings Cost-EffectiveCommute Saveupto 51% offtherecommended retail price, especially beneficial for higher rate taxpayers. Eliminatefuel costs andsignificantlyreduce public transport fares, saving money every day. Spread Payments Environmental Impact Convenient paymentsarededucted directly from your gross salary, requiring no credit checks. Contribute toagreener planetbyreducing your carbon footprint and promoting sustainable travel. Health & Well-being Improvephysical fitness,reduce daily stress, and experience a boost in mood and energy levels.

  5. Benefits for Employers: A Smart Investment Boost Employee Morale Demonstrateatangiblecommitmentto staff welfare and foster a positive workplace culture. National Insurance Savings Save13.8%on NationalInsurancecontributions for each employee participating in the scheme. Reduced Absences Cycling commuterstypicallytake 1.3 fewer sick days annually, improving overall productivity. Green Credentials Actively support your corporate social responsibility (CSR) goals and promote environmental sustainability. Free to Implement The scheme in cursminimal,often zero, costs for employers to set up and maintain.

  6. Partnering with Cycle Centre CycleCentre is a trusted and established provider with over 25 years of experience in the Ride to Work Scheme. Their expertise ensures a smooth and beneficial experience for employers and employees. Vast Range: Access an extensive selection of bikes and accessories, available both in-store and online. Simplified Platform: Utilise a streamlined digital platform for effortless scheme management. Dedicated Support: Benefit from personalised support for both employers and individual employees. No Value Limit: Enjoy maximum flexibility with no upper limit on the value of the bike.

  7. Why Choose Cycle Centre? Extensive Selection Maximum Savings Offersthousands ofbikes from leading brands, ensuring a perfect match for every rider. Directly facilitatesthepotentialfor upto51% savings, making cycling more affordable. Effortless Process Features a user-friendlydigital platform that simplifies voucher generation and scheme administration. Compliance Assured Expert Advice Guarantees full compliancewithallHMRevenue & Customs (HMRC) guidelines. Providesimpartialguidance from experienced staff to help employees make informed choices.

  8. Implementing the Scheme: Simple Steps Step1:RegisterOnline Theemployercreatesanaccountwith Cycle Centre online platform. Step 2: Employee Request Employeesselecttheirbikeandrequest a Cycle Centre voucher through the portal. Step 3: Employer Approval Theemployerapprovestherequestandprocesses payment to Cycle Centre. Step 4: Collect Bike Theemployeecollectstheirnew bike from their chosen local or online retailer. Step 5: Salary Sacrifice Theemployerdeductsagreedmonthly payments from the employee's gross salary.

  9. Real-World Impact: Health, Wealth, and Environment 30% Reduced Heart Disease Risk 150minutesofcyclingperweekcanlowerheart disease risk by 30%. 1.5 Tonnes of CO2 Saved Eachcyclingcommutersavesanaverage of 1.5 tonnes of CO2 emissions annually. 40% Higher Energy Levels Cyclingcommutersreportexperiencing 40% higher energy levels at work. Beyond individual benefits, the Ride to Work Scheme contributes significantly to broader societal improvements. By encouraging more people to cycle, we can alleviate traffic congestion, improve air quality, and foster healthier communities.

  10. Drive Change: Get Started Today! Embrace the opportunity to empower your team with a healthy, cost-effective, and environmentally friendly way to travel. By implementing the Ride to Work Scheme, you can significantly enhance your company's sustainability efforts and boost overall employee satisfaction. Learn More Visit cyclecentre.com or call (+353) 0429337159 for more information and to launch your scheme today!

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