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Cycle to Work Scheme

Starfox · 2015-09-28 17:11:03

Hi guys, I have read up on the Cycle to Work Scheme and I understand that If i go to a bike shop that offers this scheme and i get the docket for a bike i am interested in, give it to my boss. He gives me a cheque or pays directly for the bike and then over a 12 month period the price of the bike comes out of my wages. My…

28-09-2015 5:11pm

#1
Starfox

Registered Users, Registered Users 2 Posts: 271 ✭✭

Join Date: August 2005

Posts: 202
Hi guys,

I have read up on the Cycle to Work Scheme and I understand that If i go to a bike shop that offers this scheme and i get the docket for a bike i am interested in, give it to my boss. He gives me a cheque or pays directly for the bike and then over a 12 month period the price of the bike comes out of my wages.

My question is how does my boss get the money back for the bike if i am to pay it off over the year? Is he getting the money from me over the 12 months? Thats all i am confused about.

Tagged:

cycle to work scheme

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#2 28-09-2015 5:43pm

Beasty

Administrators, Social & Fun Moderators, Sports Moderators Posts: 78,393 Admin ✭✭✭✭✭

Join Date: May 2009

Posts: 73399

If you check out the FAQs you will find a link to the Bike to Work Megathread which has all the information you are asking for

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