Cycle to work scheme
Save tax and NI
Our Cycle to Work Scheme is a fantastic benefit to your physical and financial wellbeing and help promote sustainable travel.
Due to government changes we are able to dramatically increase the amount that you can borrow via our scheme from £1,000 to £2,820 (or 5% of gross salary) - to align with our Annual Season Ticket Loan Scheme, subject to affordability. This fantastic change will enable us to work with Cyclescheme in delivering an increased service while supporting our environmental strategy. This will support you in being able to access electric bikes, mobility bikes and higher quality bikes and safety equipment.
The University is partnered with Cyclescheme, that has a network of over 2000 independent cycle stores nationwide for staff to select a bike and safety equipment that is right for your lifestyle.
It’s so easy to save with the Cycle to Work scheme. You simply choose a bike from over 2,000 retailers, hire it for 12 months from Cyclescheme via salary exchange payments that help you save 25-39% on a new bike for work, then when your Hire Agreement and salary exchange ends, you can keep your Cyclescheme package by making a small additional payment back to Cyclescheme.
How do I apply?
Shop now by visiting Cyclescheme and using our University code: UOM
If you need further information after reading the Cycle to Work Guidance, please contact HR Services at:
- Email: HRServices@manchester.ac.uk
- Tel: 0161 275 4499