New programme from Evan Cycles helps workers Ride2Work

In a world with greater health and environmental awareness, more and more people are riding a bicycle to work. To help not only workers but also employers make the switch to cycling, Evans Cycles, the UKís leading quality cycle retailer, has created the Ride2Work programme, which gives employers the chance to help their staff save up to 50% off the price of a new bike!

Ride2Work was developed by Evans Cycles to help businesses take advantage of some unique tax incentives through the Governmentís little publicised Green Transport Plan.

Through Ride2Work staff can save around 50% off the cost of a new bike and accessories.The savings are made through reducing income tax & national insurance payments and VAT savings.

The programme also benefits employers as it helps to relieve pressure on parking, offers tangible benefits to staff and promotes a healthier workforce, all at no cost to the company, whatís more Ride2Work actually saves the company money by reducing their employer national insurance contributions!

ëAll the talk about tax savings and NI contributions sounds confusing,í says John Deering, Evans Cycles Corporate Sales Manager. ëWithout Ride2Work it would be!

What Ride2Work does is to completely simplify the process. It also provides the employer with all the resources they need to pass the savings onto their staff.í

Ride2Work takes care of it all: the bike, the accessories, the servicing, the advice and the administration.

The best part is the employee can get the bike they want. Following the employerís membership of the Ride2Work programme, the employee receives a voucher from Evans Cycles for the bike of their choice.They simply redeem this voucher in any Evans Cycles store or through the Evans Cycles mail order service.The cost is broken down into 12 installments and taken from their pay through a salary sacrifice.

To enable employees to clearly see how much they can save on a purchase of a bike through Ride2Work, Evans Cycles has come up with an online savings calculator. Add the savings on fuel, train fares, parking fees, congestion charges and car expense to the savings that Ride2Work provides and youíve got yourself a nice little holiday fund!!

Companies interested in taking full advantage of the Evans Cycles Ride2Work programme can join by heading to www.evanscycles.com/ride2work or calling 0870 164 4023 for an application form.