The bike scheme, in partnership with Halfords, offers Co-op colleagues a wide selection of bikes – with savings of up to 42%* on the cost of a bike and safety accessories for cycling to work.

This HMRC approved scheme lets you to sacrifice part of your salary towards a new bike, so you save on tax or National Insurance contributions. In return the bike must be used by you mostly to cycle all, or part, of the journey to work.

You need to apply by Friday 7 July or your next chance to join the scheme will be in June 2018.

To learn more and register

To find out more and apply, visit the Benefits website.

If you want to apply for the Bike Scheme and haven’t registered on the Benefits site before, have your employee number and NI number handy. If you need help registering on the site or don’t have online access, call the helpline on 0330 100 2313, 8am – 6pm Monday to Friday. They’ll be happy to help.

Colleagues leaving the business for any reason, including TUPEs, are required to repay their loan in full when they leave and won’t be able to benefit from these savings on the outstanding balance.

Don’t miss out….apply today!

* actual savings depend on the rate of income tax you pay.

Leave a comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Category

Colleague support, Great place to work