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Shark eBikes Supported schemes

Cycle To Work Scheme

‘Cycle to Work is a government-backed scheme that enables you to make up to 42% savings on the price of a new bike and accessories, supported by your employer. Not only can you benefit from these savings, but the scheme also allows you to spread the cost and help you get commuting! Choose a bike, hire it for an agreed length of time from your employer using monthly pre-tax salary sacrifice (meaning you pay less tax) with no interest and then snap it up for a fraction of its value at the end of the hire period.

There is no price limit to the cycle scheme initiative, however, your employer may choose to set a spending limit so it's best to check with them before choosing your bike.

Please note, that the Cycle to Work scheme is only available to those who pay tax through PAYE (Pay as you earn). If your employer does not have a scheme, speak to your HR department who will be able to set one up!

Important - Read Before Placing an Order

Please read the full terms and conditions of Shark eBikes. Cycle 2 Work Scheme orders.

To speed up the processing of your order with us, we recommend obtaining your voucher before you place an order with us and submitting it right away. Please ensure you include all charges in the voucher value requested from your employer, including any commission, fees or delivery charges that are applicable and request a voucher type that can be used at any retailer where possible. Your order will not be dispatched until payment of all fees has been made. The voucher value cannot be used for two separate transactions, and we are unable to refund any part of the voucher value that is not utilised.

What is ‘salary sacrifice?

Save money with tax-free bikes!

Your employer will deduct the cost from your gross (pre-tax and national insurance deductions) salary. Depending on your salary you could save up to 42% for higher rate taxpayers.

Use our Cycle to Work Calculator to see how much you could save!

Which Cycle to Work Schemes do you support?

We accepted vouchers from the following schemes:

Green Commute