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New road bike - cycle to work over 6 month

Surveyor11 · 2011-09-28 16:10:01

Ok, so had some good news today. My work contract has been extended to March 2012. My head says "yeaaah, that's the mortgage sorted until March 2012:o", but my heart says "yeaaah, off the nearest bike shop for a bit of bike porn:pac:". As I'm on a 6 month rolling contract (with no guarantee of renewal), as far as I know I…

28-09-2011 4:10pm

#1

Surveyor11

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Join Date: June 2009

Posts: 990

Ok, so had some good news today. My work contract has been extended to March 2012. My head says "yeaaah, that's the mortgage sorted until March 2012:o", but my heart says "yeaaah, off the nearest bike shop for a bit of bike porn:pac:".

As I'm on a 6 month rolling contract (with no guarantee of renewal), as far as I know I can only get half the tax relief and obviously 6 payments as well to pay for my new steed - which will imapct on what I can buy in terms of affordability. I've got my eye on a few nice machines in the €1200 bracket and don't want to be rail roaded into one particular LBS - quiet happy to buy on line or elsewhere if my employer will play ball. Anyone direct experience of this in a similar situation? I know it's normally over the full year in terms of relief & payments.

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