- News
- Reviews
- Bikes
- Accessories
- Accessories - misc
- Computer mounts
- Bags
- Bar ends
- Bike bags & cases
- Bottle cages
- Bottles
- Cameras
- Car racks
- Child seats
- Computers
- Glasses
- GPS units
- Helmets
- Lights - front
- Lights - rear
- Lights - sets
- Locks
- Mirrors
- Mudguards
- Racks
- Pumps & CO2 inflators
- Puncture kits
- Reflectives
- Smart watches
- Stands and racks
- Trailers
- Clothing
- Components
- Bar tape & grips
- Bottom brackets
- Brake & gear cables
- Brake & STI levers
- Brake pads & spares
- Brakes
- Cassettes & freewheels
- Chains
- Chainsets & chainrings
- Derailleurs - front
- Derailleurs - rear
- Forks
- Gear levers & shifters
- Groupsets
- Handlebars & extensions
- Headsets
- Hubs
- Inner tubes
- Pedals
- Quick releases & skewers
- Saddles
- Seatposts
- Stems
- Wheels
- Tyres
- Health, fitness and nutrition
- Tools and workshop
- Miscellaneous
- Buyers Guides
- Features
- Forum
- Recommends
- Podcast
forum
Cycle to work, still worth it?
Looking at a new road bike, Ribble Sportive Bianco which will be ~£1000. As a higher rate taxpayer is it still worth doing C2W now (as I understand it), you don't get VAT off and final payment is likely to be £250?
Thanks for any advice
If you're new please join in and if you have questions pop them below and the forum regulars will answer as best we can.
Latest Forum Topics
Latest Comments
- ktache 50 min 9 sec ago
The small frame, the aggressive posture, lots of standover height.
- mctrials23 1 hour 45 min ago
As i've said before, the police should be sued for a lot of money when someone they have knowingly ignored has gone on to commit a serious crime....
- David9694 1 hour 53 min ago
'Bad parking' blocks firefighters multiple times on same emergency call-out...
- David9694 1 hour 57 min ago
Cambridgeshire boy, 13, crashes Audi into garden wall after taking it from home...
- Adam Sutton 2 hours 43 min ago
Good stuff. Now do it on cycleway C9 through Hammersmith to Chiswick.
- mark1a 2 hours 52 min ago
It's technically allowed but it's not known as "London's Orbital Car Park" for nothing.
- Dogless 4 hours 26 sec ago
You're defending bombing hospitals and refugee camps and starving children.
- mattw 6 hours 40 min ago
Used car salesman is a complete attention-seeking plank....
- tubasti 6 hours 57 min ago
I don't know if they're any better, but they's certainly become more boring.
- FionaJJ 7 hours 23 min ago
At risk of being cynical, and stereotyping the police, it's so they don't have to leave the comfort of their panda cars and pursue on foot when...
Add new comment
3 comments
Yes it's still worth it. Unfortunately you will have to pay vat as they've changed the rules but it's still tax and NI free plus Ribble will let you pay up to £300 over and above the £1000 voucher the only thing you can't buy is tri stuff. I got myself the new sportive racing rather than the bianco but are the same bike anyway as didn't like the White and silver look but would recommend the bike to anyone as it's excellent value and rides great.
Either that or they let you pay the tax on the FMV at the end of the first year - that's how we do it at my workplace.
most schemes will now include a separate agreement after the 1yr salary sacrifice where the bike remains the property of the scheme operator for three years. then after that the bike's yours for 7% of its value, so it'd be £70, not £250.
The downside is that you don't actually own the bike for four years.