12-10-15, 10:33 PM
(12-10-15, 10:32 PM)mtread link Wrote: Don't forget the benefit of Cycle to Work is the tax break. Your net salary is taxed after the repayment is deducted. So you are saving 20% tax plus 11% (or so) National Insurance on the repayments.:agree
If you just go and buy a bike from a shop, you are paying for it out of taxed income.
Colin
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Ride fast, ride a red bike :-)
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Ride fast, ride a red bike :-)