Cycle 2 work scheme

leolion855 · Post by **leolion855** » 25 Jan 2019, 17:46

this still a good deal?

Phelim21 · Post by **Phelim21** » 17 Jun 2019, 14:30

I see the govt have scrapped the 1000 limit on c2w. Does anyone know if royal mail are allowing bikes of any price to be purchased.

south London postie · Post by **south London postie** » 21 Jun 2019, 00:10

last time I looked it was in the mybundle choices. I didn't look too far but got the impression you print of a voucher there, might not even need to go though your manager.

UNION JACK · Post by **UNION JACK** » 29 Jun 2019, 06:55

All Royal mail benefits are a con they are just making money out of us,bikes,electronics,finance and cars you can get a better deal on your own if you look around as i did with Fiat. Royal mail said you get so much off for working for Royal Mail and i got the same deal and more without even mentioning Royal mail,an absolute disgrace the way they cheat and lie to their employees to make money ,but i wouldn't expect anything less.

Stu · Post by **Stu** » 25 Jul 2019, 11:11

anyone done this recently, how long did it take to get voucher through email? been a week

arnold cheshire · Post by **arnold cheshire** » 27 Jul 2019, 16:37

Reply two

loyalsnail · Post by **loyalsnail** » 22 Oct 2019, 22:33

UNION JACK wrote:All Royal mail benefits are a con they are just making money out of us,bikes,electronics,finance and cars you can get a better deal on your own if you look around as i did with Fiat. Royal mail said you get so much off for working for Royal Mail and i got the same deal and more without even mentioning Royal mail,an absolute disgrace the way they cheat and lie to their employees to make money ,but i wouldn't expect anything less.

I would seriously recommend the C2W scheme as a fantastic way of saving money, unlike other MyBundle benefits the benefit in kind is calculated as either 16% (up to £500 voucher) or 21% of the original voucher value, so on a £1000 voucher the benefit declared to HMRC is circa £210 against which you will pay tax of just £42... As a base rate tax payer that £1000 will cost you approx £680 net if tax / NI through payroll meaning all told you get a £1000 bike for £722.

Additionally, you're committing to a voucher which can be used as a great range of independent bike retailers and can be put towards anything.

So, see a bike you like at an already discounted price (eg 30% off), arrange the voucher and pay the retailer with that. You really couldn't buy a bike any cheaper (unless the retailer isn't in the cycle scheme).

barcajr · Post by **barcajr** » 21 Nov 2019, 14:41

A great way of getting a brand new bike, costing me £6.18pw out of my wages for a £500 bike

Phelim21 · Post by **Phelim21** » 18 Feb 2020, 21:26

Does anyone know if our c2w vouchers are accepted by chain reaction cycles or wiggle.

Post by **wallop** » 19 Feb 2020, 17:01

Wiggle accept the cycle plus ones,I've done it twice with them they'll also hold a bike for you while it sorts out.

Phelim21 · Post by **Phelim21** » 20 Feb 2020, 18:26

wallop wrote:Wiggle accept the cycle plus ones,I've done it twice with them they'll also hold a bike for you while it sorts out.

Thanks for this
Crc should also accept ours then since they are the same owners.

Post by **wallop** » 20 Feb 2020, 20:43

Phelim21 wrote:
wallop wrote:Wiggle accept the cycle plus ones,I've done it twice with them they'll also hold a bike for you while it sorts out.
Thanks for this
Crc should also accept ours then since they are the same owners.

Doesn't look like they do though https://www.chainreactioncycles.com/r-pl/cycle-to-work" onclick="window.open(this.href);return false;

Andykerr · Post by **Andykerr** » 08 Apr 2020, 16:15

wallop wrote:Wiggle accept the cycle plus ones,I've done it twice with them they'll also hold a bike for you while it sorts out.

How do you get the cycle plus one? It only seems to offer cycle to work on my bundle.

Post by **wallop** » 08 Apr 2020, 19:55

I think it's changed since it became mybundle+ you used to be able to choose on the old mybundle between the Halfords one or cycle plus.
I'm not sure who the current provider is.

Andykerr · Post by **Andykerr** » 08 Apr 2020, 20:19

wallop wrote:I think it's changed since it became mybundle+ you used to be able to choose on the old mybundle between the Halfords one or cycle plus.
I'm not sure who the current provider is.

Oh ok thanks.