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Cycle to Work Voucher Limit

1 reply

ShipwreckSunset · 05/08/2022 16:43

What is the max amount your work scheme offers under this scheme? Mine is £2k, partners is £1k and have heard of various companies offering £5k or unlimited!

The government rules allow employers to offer unlimited limit, but suggest £5k as a max - I was wondering if many do this? Obviously the employee still has to pay it back, but there is an increased risk of the employee defaults I guess.

Im lobbying our company to increase the limit, just wondering how common this is?

OP posts:
Bliketowork · 06/08/2022 09:06

You could try blike.co.uk. This Cycle to Work Scheme offers unlimited size purchases and offers finance to the employer so it does not affect the employers cashflow.

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