Originally posted by anksta
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Reply to: Cycle to work
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Previously on "Cycle to work"
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Company bicycles are exempt from BIK and other related company vehicle rules provided they are available to all employees and used mainly for transport to and from work.
https://www.gov.uk/expenses-and-bene...-for-employees
MyCo. has one and when working away I regularly use it for commuting between accommodation and client sites.
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Originally posted by mudskipper View PostThe cycle to work scheme allows employees to pay for bikes with salary sacrifice.
But YourCo can simply buy a bike that is available for employees to use - you don't need to use the scheme. There used to be a useful guide - will see if I can find it.
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Originally posted by anksta View PostHi, I know this question has probably been asked and answered on here but I can't find anything recent.
I want to buy a bike to ride to where I'm currently contracting, I'm the only employee of my company, can I buy a bike etc. through the Cycle to Work scheme?
Debating getting one today so want to know if I can use my company credit card.
Have seen a few things saying there's absolutely no problem, and a few others that say it's not eligible for self employed people, which I know is technically not true but that's often used as an umbrella term.
Thanks
But YourCo can simply buy a bike that is available for employees to use - you don't need to use the scheme. There used to be a useful guide - will see if I can find it.
Edit: Post from NW here - they used to have a leaflet on their website, but it appears to have gone
https://forums.contractoruk.com/acco...tml#post894119
Transfer to employee values here
https://www.gov.uk/hmrc-internal-man...nual/eim21667aLast edited by mudskipper; 8 September 2018, 12:10.
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Cycle to work
Hi, I know this question has probably been asked and answered on here but I can't find anything recent.
I want to buy a bike to ride to where I'm currently contracting, I'm the only employee of my company, can I buy a bike etc. through the Cycle to Work scheme?
Debating getting one today so want to know if I can use my company credit card.
Have seen a few things saying there's absolutely no problem, and a few others that say it's not eligible for self employed people, which I know is technically not true but that's often used as an umbrella term.
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