Cycle To Work With Stif

No one said you've got to stick to the roads....

The Cycle to Work Scheme is a government backed, salary sacrifice scheme allowing PAYE employees in the UK to save up to 42% on the price of a new bike and/or accessories - making it the most cost-effective way to purchase a bike.

Recent changes in legislation mean the traditional £1000 limit is now removed, opening up a world of possibility for your new ride. Your employer is responsible for setting the limit of your voucher. There's now no need to limit yourself to an 'off-the-shelf' commuter and hunt for cycle lanes to get to work - browse our range of mountain bikes and make commuting the best bit of your work day!

How Does it Work?

Cycle to Work is a salary sacrifice scheme, meaning the cost of your new bike and equipment is deducted from your salary as a non cash benefit so won't pay tax and national insurance. Your employer initially buys the bike on your behalf and you 'hire' the bike from them for a set period, from 12 to 48 months, during which your payments are taken from your salary before tax deductions. Although your employer technically owns the bike through the 'hire period', the bike is yours to use how you like. At the end of the hire period, you can take ownership of the bike by paying a fee based on 'fair market value'.

We Work With

How It Works

Step 1: Speak To Your HR Dept.

You'll need to find out which scheme your employer uses, their employer code and what, if any, spend limit they have set. If your employer is not already enrolled in a Cycle to Work scheme, you'll need to discuss this with them. You can of course direct them to any of our partners - Green Commute Initiative, Cyclescheme or Bike 2 Work Scheme

Step 2: Get Picking Your Gear!

Here's the fun bit - virtually everything on our site is eligible for purchase with a Cycle to Work voucher. Choose from our range of bikes, frames, components, protection and ridewear. Fill your basket until you have everything you need to get you rolling. Don't overlook the little essentials like lights, tubes & tools.

Please get in touch with our sales staff if you find a bike in our outlet with any more than 15% discount.

Need a hand finding the perfect ride or gear? We're here to help - catch us on live chat, give us a call or drop us an email.

Step 3: Get your voucher.

Once you've confirmed with your employer which Cycle to Work scheme they are signed up with, head over to the scheme providers website and claim your voucher. Depending on the provider, this may be referred to as a LOC, redemption code or a cycle to work voucher. Your HR department should be able to help you out here.

Step 4: Redeem your voucher.

If you haven't already been in touch with us by this point, now is the time to give us a call. Once we've got your order, we'll build your bike and ship it to your door.

How Much Can I Save?


How much will I save with Cycle To Work?

At least 25% - all in! If you’re a higher rate taxpayer, you’ll save at least 35%. Savings top-out at 42%.

Do you accept halfords cycle2work vouchers?

No, at the moment we don't. Sorry!

What can I get through Cycle To Work?

Almost any item you can find on our site... Go for a bike, a bike and accessories, or just accessories – it’s your choice. Don't forget to check out bike outlet too, Cycle to Work scheme vouchers are redeemable against many of our discounted bikes too, though if your chosen bicycle is discounted by more than 15%, please got in touch with our sales staff to confirm the availability of the cycle to work scheme on that model.

Can I 'top-up' my order?

You cannot spend more than the value of your voucher, but if something else has caught your eye just start a new order and we'll dispatch both together.

What is a Hire Agreement?

It’s an agreement between you and your employer. This details what you’re hiring, for how long and with what repayments.

How is my salary sacrifice calculated?

This depends on how you get paid – weekly, monthly, 4 weekly, etc. Also, how long your Hire Agreement is in place for. For most people, this is 12 equal payments taken from your salary across 12 months, but is flexible up to 48 months.

What is a Cycle To Work eCertificate?

A voucher that’s delivered direct to your inbox. Redeem this on the phone or in-store for your Cycle To Work package.

Why don’t I own the bike straight away?

Simple answer: tax. To benefit from Income Tax and National Insurance savings, an ‘Ownership Fee’ needs to be paid.

How is the Ownership Fee calculated?

The Ownership Fee is a set percentage based on the age and value of your Cycle To Work package. At 4 years old, 3% needs to be paid on packages less than £500 and only 7% on packages over £500.

Do I need to insure my Cycle to Work bike?

This isn't a requirement, but it is advised that you insure your bike, as you are responsible for it and will continue to make payments for the duration of your hire period, even if the bike is stolen or damaged beyond repair.

Anything else you need to know? Give us a call on 01423 802208 and our friendly staff will be happy to help with any queries you may have. The answer to some questions may depend on your employer, you can always check with your HR Dept. too.