Absolutely rigid. I ordered my voucher in April, and it took over two months to arrive. By then, the bike I intended to purchase was out of stock. The scheme wouldn't allow me to buy any other bikes as they exceeded the original amount. A TOTAL WASTE OF MY TIME AND MONEY.
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Tax is complicated; the cycle to work scheme is not. You choose a bike, hire it for an agreed length of time, then snap it up for a fraction of its original value. It's like a year-round sale, with interest free credit available in over 2,000 retailers nationwide.
