CycleScheme

&

Halfords

Cycle2Work

What is the CycleScheme / Cycle2Work ?

These government-backed salary sacrifice programmes let staff get a brand-new bike and accessories with significant tax and national insurance savings. Here's how they work:

  • Your employer buys the bike via the scheme and provides you a Letter of Collection (Halfords) or voucher (CycleScheme)

  • You repay the value monthly through payroll—tax-free—leading to savings of about 28 – 47% depending on your tax bracket.

  • After 12–18 months, you choose to:

    1. Return the bike,

    2. Buy it at a small “fair market value” (≈25%)

    3. Extend the hire at minimal cost until it fully depreciates

Why Choose Forbidden Cycles ?

As expert e‑bike specialists based in London, we make the process seamless:

  • ✅ We accept CycleScheme & Halfords Cycle2Work vouchers on all new bikes in our Forbidden Shop—including VanMoof, Gocycle, Surly, and more!

  • ✅ End-to-end support: from selecting the best bike for your commute, to submitting your scheme paperwork, to aftercare and servicing.

  • ✅ Flexible retailers—we’re not tied to Halfords. Use your voucher with us, independent of national chains.

  • ✅ No hidden retailer fees. We pride ourselves on transparent pricing and full value from your voucher.

How It Works:

Check eligibility – your employer must be registered with one of the scheme providers (CycleScheme, Halfords Cycle2Work, etc.)

  1. Get a voucher/letter after employer approval.

  2. Choose your bike & accessories at Forbidden Cycles, up to your scheme limit.

  3. Present your voucher—we handle the rest.

  4. Pay via payroll, tax-free, over 12–18 months.

What You Can Get:

Virtually anything cycle-related used primarily for commuting:

  • E‑bikes (VanMoof, Gocycle, Surly e‑models included)

  • Helmets, lights, locks, panniers, pumps, clothing

  • Upgrades like racks, child seats, or adaptive equipment

Money-Saving Snapshot:

Suggested Retail Price: £1,500

Estimated Take‑Home Cost via Scheme (20–40% savings): £900 – £1,080*

*You pay the full amount via salary sacrifice—shown in net pay, you actually spend about £900 if you're a 20% taxpayer .

Frequently Asked:

  • Yes! As long as the provider allows independent retailers, you can choose Forbidden Cycles

  • Remaining payments come from your final paycheck; then it’s yours to keep.

  • While not mandatory, it’s strongly encouraged—especially for e‑bikes and valuable gear.

Ready to Get Rolling?

Check with your employer if you're eligible.

  1. Grab your voucher and drop by Forbidden Cycles (Wandsworth or shop online).

  2. Pick your perfect ride—we’ll help match it with your commute and budget.

  3. Collect & ride away, knowing everything’s set up and tax-saving.