Cycle to Work is a UK employee benefit scheme that lets eligible employees get a bike and approved cycling safety equipment through their employer, usually using salary sacrifice. This reduces the amount of salary taxed, which is where the saving comes from

In most schemes, your monthly payments come from your gross salary before Income Tax and National Insurance are worked out. Because of this, many employees pay less tax and NI than they would with a normal purchase

Under the standard setup, the bike is hired to you during the agreement rather than transferred to you at the start. Ownership options are usually dealt with at the end of the hire period under your employer or scheme provider’s process.

No. The scheme is designed to support commuting and active travel, but the bike does not need to be used only for commuting. Government guidance says the cycle must be used mainly for qualifying journeys, which includes commuting to work and between workplaces

The scheme can cover a bicycle and eligible cycling safety equipment. What is included depends on the provider and employer setup, but the government guidance covers cycles for active travel and cyclist safety equipment.

Cycle to Work providers charge a redemption or admin fee to the retailer. Gloria passes this on to the customer to cover that cost. Even with the fee included, the overall saving for many customers still remains meaningful. This part is a retailer policy rather than a government rule