To promote healthier journeys to work and to reduce environmental pollution, the 1999 Finance Act introduced an annual tax exemption, which allows employers to loan cycles and cyclists' safety equipment to employees as a tax-free benefit. The exemption, known as the Cycle to Work Scheme was one of a series of measures introduced under the Government's Green Transport Plan.
Administration of this scheme can be carried out by your employer or by one of the many companies that offer to act as administrator, the biggest being Cyclescheme. Clapham Cycle are affiliated with Cyclescheme, Bike2Work scheme, Green Commute Initiative, & Cycle Solutions. These Cycle to Work scheme administrators issue you with a certificate that, once authorised by your employer, can be exchanged for a bike and any safety equipment at Clapham Cycle.