Are you aware that a government sponsored Benefit scheme exists in Northern Ireland and Mainland Britain that can save you and your employees up to 52%* off a brand new bicycle and accessories? Governments across the world are starting to recognise the many economic and health benefits of cycling and are putting in place personal and corporate financial incentives to encourage greater bicycle use.

In the UK we have the Government's Green Transport Plan, with three main objectives:
1. To decrease congestion on the country's roads, towns and cities
2. To decrease CO2 build up, exhaust fumes and pollution
3. To encourage the nation to become healthier and fitter.

With this in mind the government launched the Cycle to Work Scheme, http://assets.dft.gov.uk/publications/cy... to encourage employers to buy a new bicycle and safety equipment and loan it to their employees under a Salary Sacrifice arrangement. The employee benefits from not paying Income Tax and National Insurance Contributions on the hire amount agreement — making savings of up to 52%*!

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