Jun Cycle to work schemes set to become more popular now the £10cap. HMRC rules, has been depreciated to . Further details about salary sacrifice are available on the HMRC website at: . The Cycle to Work scheme was introduced by the Department for Transport. If they are you will be charged the fair market value payment as required and specified by HMRC , being either or of the original value as set out in the . We offer full support at every stage, including expert HMRC -compliant salary sacrifice advice. As well as generating savings for you and your employees, cycle -to-. Sep “Typically, this would be offered at substantially less than the original value of the equipment,” HMRC states.
And bikes do depreciate fairly fast.
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