Tayna Introduces Cycle to Work Scheme

Tayna Ltd are pleased to announce the implementation of our Cycle to Work Scheme!

The government incentives for us all to go green, however misguided they may or may not be have led to the Dept of Transport introducing a Cycle to Work scheme aimed at encouraging employees to leave their car at home.

In brief, the benefits to employees are:

• VAT free bike
• Tax free bike

The obvious clause is that the main purpose of the purchased cycle and accessories has to be to travel to work.

As a company, we investigated the broker type companies that have appeared since the introduction of the scheme; the biggest of which is probably cyclescheme.co.uk. The benefit of this appear to be that cyclescheme manage the purchase for you and deal with all invoicing etc. In our case, being a small/medium sized company we found this to be easier to do ourselves… why involve another layer of complexity?! Another benefit of purchasing the cycles ourselves was that we were able to negotiate a 15% discount from West End Cycles… however since broker companies make their money by taking a ‘finders fee’ it is unusual to pay less than the RRP of the bikes.

Each of us have now chosen and taken delivery of our new bikes and are set for a Winter of cycling to work… check back soon for some photos of us using our new equipment!