香港六合彩挂牌资料 Tax Free Bike Schemes - How to Apply
- Visit one of your local independent stores or your local Halfords store participating in the scheme.
- Decide what value you want to spend on your bike and safety equipment.
You can choose to take between 拢100 and 拢3,000 in increments of 拢5. Please note safety equipment can also be bought via the scheme, without having to buy a bike
Please note you will need to have a copy of your payslip to hand as you will be asked for details contained within this. Please fill in all the details as instructed, choosing the value of Letter of Collection (LoC) you require. - After your registration has been approved by HR, your LoC will be emailed to you , normally 2 - 5 working days after approval. Then take your LoC to your chosen store and exchange it for the bike and safety equipment of your choice.
Please note:
- The scheme will run for 12 months and the first deduction from salary will be made on the first available pay date after your application has been approved by HR.
- You can find a full breakdown on how much money you can save on the website detailed above, however we have provided some example figures below.
- For detailed Frequently Asked Questions about the scheme please click here.
| LoC Value | 拢100.00 | 拢200.00 | 拢400.00 | 拢500.00 | 拢700.00 | 拢900.00 | 拢1,000.00 |
|---|---|---|---|---|---|---|---|
| Gross Monthly Reduction | 拢8.33 | 拢16.67 | 拢33.33 | 拢41.67 | 拢58.33 | 拢75.00 | 拢83.33 |
| BASIC RATE TAXPAYER | |||||||
| Net Cost Per Month | 拢5.67 | 拢11.33 | 拢22.67 | 拢28.33 | 拢39.67 | 拢51.00 | 拢56.67 |
| Total Cost over 12 Months | 拢68.00 | 拢136.00 | 拢272.00 | 拢340.00 | 拢476.00 | 拢612.00 | 拢680.00 |
| Total Savings made per month | 拢2.67 | 拢5.33 | 拢10.67 | 拢13.33 | 拢18.67 | 拢24.00 | 拢26.67 |
| Total Savings made over 12 months | 拢32.00 | 拢64.00 | 拢128.00 | 拢160.00 | 拢224.00 | 拢288.00 | 拢320.00 |
| HIGHER RATE TAXPAYER | |||||||
| Net Cost Per Month | 拢4.83 | 拢9.67 | 拢19.33 | 拢24.17 | 拢33.83 | 拢43.50 | 拢48.33 |
| Total Cost over 12 Months | 拢58.00 | 拢116.00 | 拢232.00 | 拢290.00 | 拢406.00 | 拢522.00 | 拢580.00 |
| Total Savings made per month | 拢3.50 | 拢7.00 | 拢14.00 | 拢17.50 | 拢24.50 | 拢31.50 | 拢35.00 |
| Total Savings made over 12 months | 拢42.00 | 拢84.00 | 拢168.00 | 拢210.00 | 拢294.00 | 拢378.00 | 拢420.00 |
| ADDITIONAL RATE TAXPAYER | |||||||
| Net Cost Per Month | 拢4.42 | 拢8.83 | 拢17.67 | 拢22.08 | 拢30.92 | 拢39.75 | 拢44.17 |
| Total Cost over 12 Months | 拢53.00 | 拢106.00 | 拢212.00 | 拢265.00 | 拢371.00 | 拢477.00 | 拢530.00 |
| Total Savings made per month | 拢3.92 | 拢7.83 | 拢15.67 | 拢19.58 | 拢27.42 | 拢35.25 | 拢39.17 |
| Total Savings made over 12 months | 拢47.00 | 拢94.00 | 拢188.00 | 拢235.00 | 拢329.00 | 拢423.00 | 拢470.00 |
Please note all examples are illustrative only. Tax rates based on 20% and 40%. NI rates based on 12% and 2%.
The bike must be used by you to mainly ride to and from work, although it can be used for leisure purposes providing this is not in excess of 50% of the overall usage. Scheme regulations do not allow you to top up the value of the LoC.