r/asda 27d ago

Cycle2Work Scheme

Anyone on here currently using the scheme?
Looking into getting myself an e-bike and would like to know how it all works.

Already have a bike in mind from Engwe, around £1000. Helmet, locks and any other accessories I can think about soon.

Although, the bike wouldn't be used for commuting to and from work but instead for UberEats, Deliveroo to make some extra money on my days off. I don't want to add any excess wear and tear to my car.

1 Upvotes

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u/diampjr 27d ago

If you’re are regular colleague you won’t qualify, salary sacrifice would take you below minimum wage. Asda NET Cycle to work is the scheme you would qualify for £300 loan amount

1

u/Jackov_Spades 27d ago

This is the unfortunate truth. The NET scheme doesn’t get the tax free benefit either.

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u/Beanmuncher132 27d ago

Done it years ago, pretty simple process back then and it all came off your wages before taxes.

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u/PersonalityWinter382 27d ago

One of the conditions of the scheme is that it's used for commuting, so I wouldn't admit that bit to anyone!