Bike to work scheme

T

Toms Mummy

Guest
Anyone taken part in this, were you get given a voucher from employer to buy a bike, you then pay for the bike in instalments taken from your salary before tax.... meaning you can get a bike for nearly half the price!

I'm just looking in to it now and a website is trying to explain to me (but I don't understand :haha:) that you have to spend £1000 and that you are paying to hire the bike and at the end of the yr you then buy it. I'm trying to figure out whether this means I pay for the remainer of which I haven't managed to pay in installments?.... Is it possible to pay it off before the 12 months and not have an end sum to pay :shrug: I'm confused!
 

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