http://citycyclingedinburgh.info/bbpress/ CityCyclingEdinburgh Forum » Topic: Cycle scheme limits en Wed, 13 May 2026 02:32:09 +0000 http://citycyclingedinburgh.info/bbpress/topic.php?id=21037#post-362060 Tue, 19 Jul 2022 21:02:44 +0000 acsimpson 362060@http://citycyclingedinburgh.info/bbpress/ <p>@Yodhrin, That's my understanding of how the tax exemption works. The bike is the property of the employer who lend it to the employee until such a time as it is transferred and tax paid on the residual value. However I'm not sure many small employers would want to take possession of a bike and certainly wouldn't want to be involved in repossessing it. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=21037#post-362057 Tue, 19 Jul 2022 19:19:11 +0000 steveo 362057@http://citycyclingedinburgh.info/bbpress/ <p>Very small company think there is 50 of us now. Don't think the boss wanted the work/risk different for something like RBS who have the resource to chase down debt. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=21037#post-362055 Tue, 19 Jul 2022 18:26:33 +0000 Yodhrin 362055@http://citycyclingedinburgh.info/bbpress/ <p>Surely they could just have a clause that would mean if someone did that, the bike would remain the property and possession of the company until the balance was paid down? </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=21037#post-362053 Tue, 19 Jul 2022 18:14:25 +0000 steveo 362053@http://citycyclingedinburgh.info/bbpress/ <p>I've managed to negotiate my company up to £1.5 - £2k. I did want to give people the option of a big cargo bike but the boss was worried about people leaving with a balance that exceeded their monthly salary. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=21037#post-362052 Tue, 19 Jul 2022 17:34:36 +0000 14Westfield 362052@http://citycyclingedinburgh.info/bbpress/ <p>£2000 - which is causing a bit of a problem for eCargo bike purchase at the moment as they all cost substantially more. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=21037#post-362045 Tue, 19 Jul 2022 14:47:36 +0000 amir 362045@http://citycyclingedinburgh.info/bbpress/ <p>£4000 I think </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=21037#post-362043 Tue, 19 Jul 2022 13:19:56 +0000 steveo 362043@http://citycyclingedinburgh.info/bbpress/ <p>Thanks guys, that £3k+ limit seems really generous these days especially given the old days with the likes of Genesis doing everything to keep the CDF 10 at £999.99. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=21037#post-362042 Tue, 19 Jul 2022 12:36:54 +0000 Murun Buchstansangur 362042@http://citycyclingedinburgh.info/bbpress/ <p>£3500 </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=21037#post-362041 Tue, 19 Jul 2022 12:35:59 +0000 Frenchy 362041@http://citycyclingedinburgh.info/bbpress/ <p>It is currently £1000 - it will apparently be £3000 "soon". </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=21037#post-362040 Tue, 19 Jul 2022 12:02:55 +0000 steveo 362040@http://citycyclingedinburgh.info/bbpress/ <p>Quick straw poll. If you employer offers cycle to work scheme what is the limit set by them? </p>