The Cycle to Work Scheme is a government backed initiative that allows you to save up to 40% off the price of a new bike through tax and National Insurance savings. It's open to all UK residents and applies for customers who wish to purchase a bike from Planet X or On-One.
All the bikes we have available on our website as well as custom builds are available on cycle to work schemes. However, most 3rd party schemes require you to purchase a complete built bike and not just the frame/wheels or individual parts. Employers that are making a direct payment as part of an internal cycle to work scheme must ensure any agreements between the employer and employee follow the government’s information on cycle to work as we can't accept responsibility for any final decisions made.
We don't accept Halfords or Evans Cycles vouchers.
If you'd like to know if we are able to accept any other form of voucher please email us at firstname.lastname@example.org
Please Note: Our 'shop code' for cyclescheme.co.uk is PLANE004
From the date of the order, you have 28 days to provide us with the voucher. We will contact you once the voucher is received to collect any additional payments (including the admin fee). Once the balance has been paid, we would aim to have the bike built and delivered to you by courier within 7 working days. If a voucher is not provided within 28 days and no contact has been provided to advise us of a delay, a final attempt to contact you will be made before we cancel your order.
Please Note: All our bikes are built to order. We begin scheduling your bike to be built once we have received your Cycle to Work voucher and have taken the full remaining balance of any additional payments, such as the admin fee. The build time is around 5 working days. Please remember to include your daytime contact number on your order. We can then reach you to keep you updated on your bike.
Before placing your order, please find out the following:
Cycle to Work vouchers can be posted to:
Cycle to Work, Planet X Retail Ltd, Unit 3 Ignite Business Park, Magna Way, Sheffield, S60 1FD, United Kingdom
A photocopy of some photo-identification (e.g. Driver’s License, Passport) should also be included as well as the order reference.
Vouchers can also be provided as an e-certificate. You can forward this to us by e-mail to email@example.com with a copy of some photo ID and the order reference.
An admin fee of 10% applies with a cyclescheme.co.uk, On Your Bike and Bike2work vouchers, as well as a Salary Extras letter of collection. A 12% fee applies with Cycle Plus vouchers and a 12.5% fee applies with the NHS SME HCI scheme.
We keep our prices competitive by selling at very low margins. All of these organisations charge us a fee on each bike we supply to a customer as part of the cycle scheme so we pass this exact charge on to you without adding anything extra ourselves. The additional charge DOES NOT APPLY if an employer is paying us directly for the bike.
Outstanding balances may also exist if you have opted to purchase a bike with a higher value than that covered by the voucher and which has been agreed by employer and scheme. It is your responsibility to check with the employer and scheme to ensure this is accepted by them before placing an order as we cannot be held accountable if this is disputed at a later date.
We will contact you to settle any remaining balances once we have received your voucher/purchase order and will then progress your order for the bike to be built and delivered once the payment for the outstanding amount has been made. If there are any major problems with stock or with the build itself, we will contact you to make you aware so please ensure you have supplied us with a valid contact number to reach you on.
Your employer remains the legal owner of the bike until the end of the lease period. At that point your employer may choose to either keep the bike or sell it to you for a "nominal sum" as laid out in the terms of their scheme.
We don't give formal quotes for bikes. Our offers change frequently depending on stock levels and current demand so we cannot hold prices or specifications on any bikes for any set length of time. Once they're gone, they're gone. Having said that, we'll always aim to have great offer bikes available at no-nonsense prices.
Please Note: Our "shop code" for cyclescheme.co.uk us PLANE004.