John has been writing about bikes and cycling for over 30 years since discovering that people were mug enough to pay him for it rather than expecting him to do an honest day's work.
He was heavily involved in the mountain bike boom of the late 1980s as a racer, team manager and race promoter, and that led to writing for Mountain Biking UK magazine shortly after its inception. He got the gig by phoning up the editor and telling him the magazine was rubbish and he could do better. Rather than telling him to get lost, MBUK editor Tym Manley called John’s bluff and the rest is history.
Since then he has worked on MTB Pro magazine and was editor of Maximum Mountain Bike and Australian Mountain Bike magazines, before switching to the web in 2000 to work for CyclingNews.com. Along with road.cc founder Tony Farrelly, John was on the launch team for BikeRadar.com and subsequently became editor in chief of Future Publishing’s group of cycling magazines and websites, including Cycling Plus, MBUK, What Mountain Bike and Procycling.
John has also written for Cyclist magazine, edited the BikeMagic website and was founding editor of TotalWomensCycling.com before handing over to someone far more representative of the site's main audience.
He joined road.cc in 2013. He lives in Cambridge where the lack of hills is more than made up for by the headwinds.
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32 comments
I think you must be on a different scheme. Mine is 12 x monthly payments for the whole bike. It's just tax relief. This is my second bike. It's mine after 12 months.
If I had the paperwork to hand I'd tell you which one it is.
I'm not sure what scheme you're on either, HMRC provide guidance for salary sacrifice here :http://www.hmrc.gov.uk/manuals/eimanual/eim21667a.htm
It states that as long as you charge a fair market valuation at the end of the agreement, no tax would have to be paid as it's not a benefit.
If your company isn't charging you anything at the end of the year and giving you ownership of the bike, I think you may be receiving a benefit in kind and should therefore be taxed on it.
Years ago, this was fine but a few years back they changed the rules to include this minimum charge as most companies were charging next to nothing at the end of the year which they deemed a taxable benefit.
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