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!