Twenty years after its inception, the government announced today updated Cycle to Work Scheme guidance to remove the price cap on bike purchase, and m
Twenty years after its inception, the government announced today updated Cycle to Work Scheme guidance to remove the price cap on bike purchase, and make it easier than ever before for employers to provide staff with cycles and equipment including e-bikes worth over £1,000. The move issues in a new era for the Cycle to Work scheme that could help many more commuters turn to greener journeys using e-bikes.
In a positive move for the industry, it is anticipated the new guidance will:
- Enable more people than ever before to access the benefits of regularly cycling to work.
- Significantly increasing the health and wellbeing of individuals
- Further reduce the number of cars on the road, overall improving air quality in towns and city centres.
Whereas the previous guidance initially set in 1999 contained barriers to maximising take-up of the Scheme, such as a cap on the amount an employee could spend on a bike, the new guidance removes these barriers. As a result the scheme will be more inclusive than ever before, and particularly beneficial to those who need an electric or specially-adapted bike to get to work, including people with disabilities, lower-earners and those who live further from work, unable to walk or cycle long distances without assistance.
Julie Coxhill, product director for – providers of Cycle Scheme – the UK’s leading cycle scheme benefits package offers commentary on today’s announcement;
“Today’s announcement by the Department for Transport on the removal of the maximum spending cap is huge news for employees and employers alike. We believe it will take the cycle scheme into a whole new exciting phase and make bike ownership more attractive and accessible than ever to those hard to reach audiences.
“Bike prices have significantly increased since the scheme began, almost 20 years ago, meaning that many people cannot afford an adequate bike for their commute. Not only will this news be welcomed by existing cyclists, but it also opens up the scheme to those who may be disabled, disadvantaged or even those who are older – as suitable bikes for many of these groups are more expensive.
“Research has proven that cycling to work has a positive impact on mental / personal health as well as productivity – but by committing to cycle a few times a week could also mean less guilt free evenings when you’re too tired to go to the gym. If you’ve not cycled since childhood you can still take advantage of this scheme as ‘cycle to work’ does not always mean you have to cycle the entire distance – why not cycle to the station or from the bus stop into work to begin with – or even try an electronic bike, which is also perfect for longer commutes and it still gives you the option to cycle.”