You may take part in the scheme if you are over 16 years of age, working, and receive your salary through the Pay As You Earn (PAYE).

Your employer must also have registered with us and your earnings should not drop below the National Living Wage (NLW) or National Minimum Wage (NMW) following the application of the salary sacrifice to your gross salary.

If your wages are close to the NLW or NMW then don't worry; your employer should be able to provide alternative ways in which to apply for the scheme whilst still benefiting from the reduced hire cost.

No credit check is required for you to take part, but if you are under the age of 18, you will require the signature of a guardian on your guarantor agreement.

If your employment is still in the probationary period you should be able to use the scheme, but please, always check with your employer if you have any uncertainties or concerns.

It's a short, simple code that will allow you access to your company's personalised version of the scheme. The pin starts with B2W/ followed by a series of digits.

Please be aware there are several other scheme providers, who use different formats for their pin, please check your pin is in this format to register. You can also ask our live chat function, email or call us on 0330 088 4765 to request your pin over the phone. Just enter it in the company pin box on the employee registration page.

Once you’ve found your preferred retailer and settled on your ideal bike and accessories, you're ready to take the next steps.

If you know your company pin, head straight to our employee registration page and enter your details. It’s the quickest and easiest way to get started.

Your company has a unique pin that you can enter during your registration. This allows you to apply through your employer's specific scheme.

If you don't know your company pin number then please consider the following:

Has my employer registered?

The quickest way to find out is to consult with your line manager or ask our live chat feature. If your company wishes to sign up and hasn't yet, they can do so through our quick and easy employer registration page.

The pin starts with B2W/ followed by a series of digits. Please be aware there are several other scheme providers who use different formats for their pin. Please check your pin is in this format to register. You can also ask our live chat function , email or call us on 0330 088 4765 to request your pin.

Can I have a pin if I'm self-employed?

Absolutely – as long as you can ensure that your Pay as you Earn (PAYE) wage is high enough to be paying Tax and National insurance.

It’s often difficult for employees on National Minimum/ Living wage to obtain a traditional salary sacrifice without dropping below the legally acceptable pay rate. Government guidelines state:

“A salary sacrifice agreement must not reduce an employee’s cash earnings below the National Minimum Wage (NMW) rates. Employers must put procedures in place to cap salary sacrifice deduction and ensure NMW rates are maintained.”

Please contact Bike2Work Scheme or your HR manager to discuss options available to employees affected.

Yes. Although there will be practical implications and employer approval will be needed for you to proceed.

A zero-hours contract means an employer does not need to guarantee a set number of hours to an employee and nor is the employee obliged to accept them when offered. As such, it is plausible that there will be prolonged periods where you are not providing a service to your employer.

This may prevent employers from being able to suitably apply the salary sacrifice element of the scheme. If no salary is being paid it becomes impossible for the employer to recoup their financial outlay.

Bike2Work Scheme has a number of partner shops for you to choose from, either locally or online. Click here to browse our extensive list to help find the perfect bike shop to suit your needs.

If you want the benefit of face-to-face service, head to a nearby Bike2Work scheme shop. If you already know what you want, or your local shop doesn't have what you are looking for, you may prefer looking online.

Bike2Work Scheme allows for a 'salary sacrifice' employee benefit. This necessitates you agreeing to give up part of your salary in exchange for a benefit – in this case, a bike and/or relevant accessories.

This is deducted from your gross salary (before tax) meaning you will pay less Income Tax and National insurance. Effectively, the deduction will be taken before Tax and National insurance is calculated.

By paying for the items directly from your gross salary (before tax) you’re able to achieve your savings.

This is because your income tax and national insurance is based on your salary minus the cost of the bike and accessories. This means your income tax and national insurance is calculated on the reduced amount of salary. As such, the amount of tax and national insurance you pay is reduced.

By utilising the salary sacrifice you will be able to lower the amount of income that you can be taxed on, and as such will be able to make a significant saving on the cost of your new items.

If you head to the Government's website you can check out an up-to-date overview of rates of tax. Normal rates of tax are 32% for a lower rate taxpayer and 42% for a higher rate taxpayer. This means that most scheme participants save between 32-42% on the cost of their bike and/or accessories during their initial hire period.

The total cost of your voucher will always show up as the gross (or RRP amount) rather than the net (or 'with-savings') amount on your payslip.

It’s worth remembering that at the end of the Hire Period, a transfer of ownership fee will be due for payment. This allows for ownership of the bike to be smoothly and effectively transferred to yourself whilst avoiding tax liability.