Bikes and motorbikes through work
Get a bike through work and pay no tax or National Insurance on what it costs.
Your answer
Enter the price and your salary to see what you save.
About this calculator
For employees whose employer offers the cycle to work scheme, or could.
What happens to your answers
We don’t keep them. Your answers go to our server to do the sums and aren’t stored or logged. If you copy a link to your answers, they’re in the link itself, so only share it with people you trust.
How it’s worked out
You give up part of your salary in return for the bike, usually over 12 months. You don't pay income tax or National Insurance on the pay you give up, so the bike costs you the price less your tax and National Insurance rate.
Worked example
A £1,500 bike through the cycle to work scheme costs you £1,080, a saving of £420 (28%).
2026/27 tax year · salary £40,000 · paid within the tax year
| Bike and safety kit | £1,500 |
|---|---|
| Less the income tax you don't pay | − £300 |
| Less the National Insurance you don't pay | − £120 |
| Cost to you | £1,080 |
Worked out using HMRC's published rates for the 2026/27 tax year (6 April 2026 to 5 April 2027), on a yearly basis.
Questions people ask
Do I own the bike?
Not straight away: you hire it. At the end, most schemes let you buy it for a small fee or keep hiring it.
Are e-bikes included?
Yes, most schemes include e-bikes and safety kit.
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