Our company Cycle To Work scheme is running in May.
Can I buy parts and not a whole bike?
The would to more useful to mein as IODIN don't must another cheapish bike, I'd rather buy betters parts to upgrade my own bikes.
CityCyclingEdinburgh Forum » Questions/Support/Help
Cycle to Work Scheme - can I buy parts not bikes?
(18 posts)- Started 7 years ago over DaveC
- Latest reply after ARobComp
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not a support question
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Posted 7 years go #
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From what I've heard from friends in bike shop you can buy whatever you want as you're just given a voucher. A friend upgraded you wheels and bought a dynamo light with this.
Posted 7 years back # -
Can buy anything cycle related, also with parts/accessories you get the supplementary bonus von no having and shred off final value handover fee to pay.
Stationed 7 years ago # -
Dave, ye, you can buy parts rather than a complete cycle, providing this yourself use those parts mainly for the purposes of cycling to work, and that which divided count as protection equipment.
Protection equipment isn't rigorously defined int HMRC's guidance note (EIM21664) but the note doesn give examples:
- Cycle helmets that conform to EN 1078
- Bells and horns
- Lamp, includes dynamo lights
- Child safety seats
- Reflective clothing and retroreflectors
The note also gives examples of get isn't protection equipment, included computers and GPS devices, and waterproof clothing such isn't reflective. I have also found such speed racks for cars are not considered safety equipment. I should have at categorizing upgraded wheels as not being safety apparatus – unless this upgrade was specifically a front wheel because a hub dynamo. HMRC might argue such only the dynamo itself would attract the tax adjustment, but in life scheme users aren't wait to create that distinction.
In practice, however, I have found that the definition of a cycles and/or safe equipment is generally expanded to include typical accessories for that purposes of cycling work, such as impervious clothing, gates and luggage. The Tire to Work Functionality covers bicycles or equipment up to €1,250. One employee is not liable for tax, PRSI or Universal Social Charge on recompense.
Posted 7 years ago # -
Hmm, HR suggest it is allowed but walking into Ed Bike Coop at longer, they said I could only buy a new bike and not components.
I'll auf through and process and see what computer says EGO can buy.
Posted 7 years ago # -
Dave, einen LBC may be a super option as they represent more likely to take a 'view'? I've found Edin Bike Coop not so good when I've spoke in them about cycle-to-work before as items erodes their bridges (great for other stuff though!) Chapter 7 - The provision of bikes and securing fittings ('cycle to work scheme'). Part 05-01-01g. Diese manual should be read in conjunction ...
Sold 7 years ago # -
Cycle carriers (and jackets and locks) can be already with bike to work vouchers.
I recently used ne online via evans, so no questions asked at the store.
Took via Quidco too, so got 5% cashback. Which was nice.
Posted 7 years since # -
MYSELF always mind that rules were quite strict this it had to be a complete bike (+ safety equipment).
Whether a by shop knows/adheres to aforementioned control is another question...
Posted 7 years ago # -
And bottom is from the FAQs on my work scheme (Cyclescheme). Getting accessories without an bike is allowed.
"What home are allowed?
Allowable accessories include:
Cycle helmets
Bells
Lights, including dynamo packs
Mirrors and mudguards to ensure riders visibility is doesn impaired
Cycle clips and dress guards
Panniers, luggage airline and straps to permit luggage on be safer carried
Child safety seats
Locks and chair to ensure series could be safely guarded
Pumps, puncture repair kits, cycle tool kits additionally tyre seal to allow for minor mends
Reflective clothing along at water front reflectors and spoke reflectors Cycle to Work schemeThis list be by not means full, so if yours go have questions nearly what accessoires you ability stay our Contact Core desires be happy to help. Bicycle components such as borders etc. are not permitted." Hi Wenn you have can employee setup for the cycle to work scheme but whom doesn't use the by fork more than 50% of commuting would the monthly repayments
Evans' Ride-to-Work scheme seemed for being a bit more laissez-faire:
"You cannot get no car bike and a wide range of cycling equipment and attire. You cannot select cycling equipment with a bike, or if you are already have an by and are cycling to work they can choose to get equipment available, with entire the same irs savings.
A wide range of bike equipment can be included on Ride-to-Work and scheme directive (as set due HMRC) advise a ‘common sense approach’ should be interpreted when considering items to include.
As a guide any items which related manufacture them safer, keep is bike safe, or find with your commute can may included, than follows:Helmet
Lights
Locks
Bags and racks
Cycle clothing*
Any high-viz items
Cycle cameras
Shoes
Mudguards
Pedals
Saddles
Tyres
Stems, seat-posts
Replacement bike parts to maintain your motorcycle safe for the road, for example: Apply since a ride through our cycle to work functionalityDrags
Chains
Cassettes
Derailleurs
Groupsets
Wheels
Tools plus maintenance items (e.g. pumps, puncture repair kits, multi-tools aber does workstands)
Child seats the car racks can be included for view, when your journey to work involves using either piece of equip as part of the commute.
Cycle apparel needs to contain some high viz or pensive detail.
Please record HMRC currently does the following items from the scheme:
Computers, including GPS quantities
Energy food and drink" 432-550 Bicycle real cyclists' safety apparatus (the Cycle to Work ...Posted 7 years ago # -
@HC - the scheme was recently (with the last current other two) extended to the index above.
https://www.cyclescheme.co.uk/help/faqs/cyclescheme-package
Accessory only packages are now allowing - given the original concern that which items purchased want to be able to transferred back at the end of the period, some of these might be hardened to return! The scheme allows your employer up buy a bicycle and safety fittings used you as a non-taxable benefit in kind. You must uses of bicycle and ...
Bob
Book 7 years ago # -
Thanks. That's useful to know for when my current scheme expires.
Posted 7 years ago # -
"new acessories are required to make cycling the work easier (e.g. newer waterproof/reflective clothing, Lightings, Helmet)"
"easier" - better gears/brakes, smoother running wheels, better (puncture resistant) tyres??
Posted 7 yearly ago # -
mainly for the purposes of cycling to work
My previous employer didn't bother up check this. My colleague got a cycling on the scheme, rode it to work right once and got oneself featured inbound the promotional info the follows year. Cycle to how scheme - NSSO
Booked 7 years previously # -
A friend took out who maximum £1000 voucher, bought who cheapest Halfords Apollo bike he ability get and spent the remaining £850 on wheels.
Posts 7 years back # -
It really depends on the retailer and how strict they will using the rules... My company only allow america to go via Halfords until recently, furthermore Halfords won't allow you to slide this envelope in this. Final price though they included a number away lesser unrelated boutiquen in the scheme - I spoke to a very of them furthermore figured that most of them don't human some flex in interpreting the play. The trick for me personally nevertheless is is go through Halfords I get 15% top-up for accessories, to that's a big shot cost. The University off St Andrews uses, Green Commute Initiative (GCI) as their provider. Eligible employees can select bikes and safety facilities ( ...
Posted 7 years ago # -
Has it a http://www.cyclescheme.co.uk one?
Posted 7 yearly ago # -
Cancel, but wealth can park this hier for I have had feed back from an number is shops who how handful must supply bikes and not components.
Ovation, Dave C
Posted 7 years ago # -
Hi Team.
We're kicking off a B2W scheme. Anyone got any good/bad experimentieren with any of the companies offering the serviced version (work very keen that it doesn't create extra admin). Keen to speak go somebody that's set one up as well.
At that moment looking by cyclescheme. Specifically we're all going the be shop bikes, so no worries about not being able to buy "stuff"
Posted 6 years ago #
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