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As an employer, lending or hiring bikes to employees doesn’t count as an expense or benefit - as long as they’re available to all employees and mainly used for getting to work.
when you're working from home how is that criteria met?
Don't get me wrong. I want an electric bike and I want my company to pay for it. I'm just failing to justify it.
I've seen a few "Decided to cycle to work this morning" entries on Strava recently, where people did exactly that (well, the mostly did more than just around the block).
Nice way to locate where someone ilives and go nick their bikes (if nice...thieves don't want no garbage).
What you laughing at? I commute to work daily, here is my routine:
Get up in the morning
Get changed
Get on my bike
Cycle around the block
Go into my home office
Work
I've seen a few "Decided to cycle to work this morning" entries on Strava recently, where people did exactly that (well, the mostly did more than just around the block).
... Nearer the time I might look at my inside/outside situation and decide whether it is worthwhile setting up a no-limit cycle to work scheme.
Done my research and see that the >50% for commuting requirement applies to this scheme as well. As this new bike would not be used for commuting then I'll personally pay for it.
As long as the bike is used for business use >50% and it is available to all employees it can be bought as a company asset, additionally any maintenance costs and safety equipment can then be charged to the company. Usual proviso when coming to sell / write off a company asset.
I have a bike which I bought through my company and use solely for commuting. I also have my fun bike which I bought through the cycle to work scheme last time I was permie. It's getting a bit long in the tooth and am planning to retire it to the turbo trainer and buy a new one next year, this purchase will come out of my personal income. Nearer the time I might look at my inside/outside situation and decide whether it is worthwhile setting up a no-limit cycle to work scheme.
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