As an employer, lending or hiring bikes to employees doesn’t count as an expense or benefit - as long as they’re available to all employees and mainly used for getting to work.

This means:

  • you don’t have to report them to HM Revenue & Customs (HMRC)
  • you don’t deduct or pay tax and National Insurance on them

Cycle to work scheme

You can use this to set up a ‘cycle to work’ scheme to encourage employees to travel to and from work by bike.

Technical guidance

The following guide contains more detailed information: