Posted by Nick Gregory (Quilter plc)
01:48PM 24 Aug 2023
Hi all, I'm interested in whether any of you cap the maximum spend on your cycle to work scheme since HMRC scrapped the official cap? If so, it would be great to know the value of the cap that you have in place. Many thanks.
We recently increased ours to £4000 to allow for the purchase of most eBikes. We've only had one employee request the maximum. Generally our requests are in the £1000 - £1500 range.
Hi Nick,
We recently increased ours to £4000 to allow for the purchase of most eBikes.
We've only had one employee request the maximum. Generally our requests are in the £1000 - £1500 range.
Hi Nick, we have a limit of £2,000 on our scheme
hi Nic, we have a cap at £2500. I hope this helps Joanna
Hi Nick, we increased ours to £3k which was well received, we are considering moving it higher to allow for more eBikes to be bought.
Anna