Author Topic: Cycle to Work Scheme - Colleges/Universities  (Read 241 times)

lou boutin

  • Les chaussures sont ma vie.
Cycle to Work Scheme - Colleges/Universities
« on: February 11, 2019, 10:21:04 am »
Hi Everyone,

Is anyone aware of a Cycle to Work Scheme for students in either Universities or Colleges?  Any information would be gratefully received.

Thanks

Lou

Re: Cycle to Work Scheme - Colleges/Universities
« Reply #1 on: February 11, 2019, 11:49:19 am »
If you are talking about the standard cycle to work schemes, then no: these involve a salary sacrifice to save money by not paying income tax. As students generally don't have a salary or pay income tax then there is no saving to be made. It would be *possible* to also save VAT under these schemes, but virtually none of the schemes I've ever seen* actually pass on this saving, they use it to help cover their costs.

There are various things advertised as cycle-to-campus or similar, but they are just retailer student discounts.


* apart from micro-companies operating the scheme themselves.
Quote from: tiermat
that's not science, it's semantics.

lou boutin

  • Les chaussures sont ma vie.
Re: Cycle to Work Scheme - Colleges/Universities
« Reply #2 on: February 11, 2019, 01:22:08 pm »
Thanks for that.  I guess that a discount is what the students are looking for. 

Best wishes,
 
Lou

Re: Cycle to Work Scheme - Colleges/Universities
« Reply #3 on: February 14, 2019, 02:27:47 pm »
Worth checking whether any local bike shops (or the national chains) offer an NUS discount?