Incredibly simple to set up. It does take some time to process through your HR department, which is normal if you've used the scheme before. Once you receive the digital certificate, there are plenty of retailers to choose from, including online options. I opted to support a local shop, and the team was fantastic from ordering to collection. They even assisted with removing the front wheel and loading it into my car! I took my time deciding on accessories to utilize the full voucher amount, and they were very patient and accommodating. A great way to promote health and commuting, plus the tax benefits make it an obvious choice!
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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.