Originally posted by PCTNN
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Reply to: Getting a darn bike
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Previously on "Getting a darn bike"
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Originally posted by Lance View Postwhen 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.
That's your problem not mine.....
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Originally posted by NorthWestPerm2Contr View PostAs 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.
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.
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A good place to look for bikes at the moment is over on that Cybersecurity consultants forum hotukdeals - Best Deals & Discounts >> Your Shopping Community
They are the ones snapping them up.
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Originally posted by Paralytic View PostI'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).
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Originally posted by NorthWestPerm2Contr View PostWhat 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
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Originally posted by northernladuk View Post
Get up in the morning
Get changed
Get on my bike
Cycle around the block
Go into my home office
Work
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Originally posted by Paralytic View PostI think now might not be the best time for a Ltd Company contractor to be setting up a cycle to work scheme...
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Originally posted by rik sherman View Post... 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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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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Originally posted by NorthWestPerm2Contr View Post
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Originally posted by Lance View PostWhat tax benefits?
When I looked you could only get any benefit if you used the bike mostly for business.
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Originally posted by DaveB View PostAnd you still manage to squeeze under it.
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