August 13, 2012

Cycle to work scheme

In conjunction with CMCA UK’s environmental statement to ‘encourage the use of alternative means of transport and car sharing as appropriate’, the company has signed up to the Cyclescheme, a scheme that is part of the Governments Green Transport Plan and is the UK’s number one provider of tax free bikes for work through independent bike shops. With a tax exemption the company is able to provide employees who wish to sign up to the scheme, bicycles and safety equipment, as a tax-free benefit.

The company purchase’s high quality bikes and safety accessories at full retail price and the balance is recovered from a reduction in the employee’s gross salary, of which they will also benefit from National Insurance contribution savings.

Not only is this scheme promoting the use of alternative means of transport and reducing levels of CO2 in the environment, it also encourages a healthier outlook and health benefits among employees.

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