Welcome to the University Of Portsmouth Cycle to Work Scheme

Ready to see the huge savings on bikes & accessories available to you?
Start Date: 01/09/2019

 

This is a salary sacrifice scheme open to all University staff, to help you have a cheaper, more sustainable commute. You give up part of your salary in order to have the use of a new bike up to the value of £1000. In doing so, you'll make savings by paying less tax and National Insurance contributions.  

 

For example someone on a salary under £50,000 buying a bike costing £500, could save over £200.

You can sign up to the scheme at any time. The rental period will last for 12 months and will require you to make regular monthly deductions from your salary via the payroll.

All applications are subject to approval by the University's Payroll department. This is because staff who have irregular hours, earnings that fall below the national minimum wage or a fixed term contract of less than 6 months, will need to be enrolled in an alternative scheme. If this is the case, you will be contacted by Cycle Solutions with details.

 

If you have any questions about the scheme that are not answered by the FAQ please get in contact with Cycle Solutions directly. 

 

You can place your order online or by telephone. Cycle Solutions will then contact you to ensure the bike and equipment you ordered is suitable for your needs.

 

ROADSHOWS

 

The Cycle Solutions roadshow team will be making on-site visits this September! If you'd like to know more about the scheme, see what products are available and see a selected range of bikes, accessories and cyclewear, your roadshow rep will be there to talk to you throughout the roadshow session.

 

Thursday 12th September - Cafe Coco - 11:00 until 15:00

 

Wednesday 25th September - Dennis Sciama Building - 11:00 until 15:00

 

Please be aware that your additional scheme discount is not valid on local bike shop orders nor on items that are already on sale greater than or equal to 12%.

How much could I save?

See an example of what you could save on the Cycle to Work Scheme by using our online calculator!

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Your saving calculation

Total cost of bikes
and accessories:
Salary sacrifice: (from your Gross Pay each pay period)
Actual pay period cost: (from your pocket in each pay period)
Total cost: (over payment term)
You save:

Your scheme discount has been applied in the calculation above. Please be aware that this is not valid on local bike shop orders.

The maximum value of £1,000.00 can only be exceeded if your organisation has its own consumer credit license in place, or if they have negotiated discounts with Cycle Solutions.

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