The LBS has to give up 10% to most of the schemes and 15% if it's a Halfords vouche[/i]
It's understandable why independents would dislike the Halfords voucher, but if the bike is available from them it's usable on all bikes including those reduced in a sale. It's certainly unfair that they've been allowed to be administrator and supplier, but from a purchasers perspective it's probably the best voucher to have, if Halfords can supply the bike you want.
The high transfer of ownership cost came about when HMCE clarified that giving it away was a benefit (I'm surprised anyone ever considered it otherwise) it didn't take long for the scheme providers to find a legal way around it by extending the period of time, lowering the value, before that transfer.
I dislike the scheme, those on low pay who would most likely benefit are excluded, whilst those buying new toys every year are rewarded.