C2W

[Alex1982]

hi

I have a certificate for cycle to work but it was for accessories.

Are you able to take out s second policy and if so how do you do this

I would breach the £1000 mark

Thanks

 

[vickster]

Only once a year

 

[Alex1982]

Ah wish I had known that

Thought I would give it a try and it's actually pretty good saving wise so thought why not use again but couldn't if this was possible

Oh well savings getting smashed

 

[vickster]

Speak to HR, maybe you can amend your existing certificate to cover a bike?

 

[Alex1982]

It's not a bike I'm after (already have 2 expensive carbon bikes)

I'm after a outfit from David miller so don't want to use savings although I will if needed

 

[vickster]

Who?

 

[Alex1982]

Look him up

Does a very nice clothing range

 

[Tiger10]

A grand isn't always the limit.

 

[vickster]

You can't use C2W for overpriced clothing afaik

Limit can be higher if your company has a consumer credit licence or summat

 

[Alex1982]

You can use it for clothing

Rapha do it

 

[vickster]

You can use it for clothing

Rapha do it

Ok. More overpriced mamil clothing

 

[Alex1982]

In your opinion vickster

I would rather pay top for my appearance than shop in aldi

 

[vickster]

In your opinion vickster

I would rather pay top for my appearance than shop in aldi

Nope. You want the taxpayer to subsidise your hobby

There are plenty of places other than Aldi or Rapha

 

[Alex1982]

I am a taxpayer so why not benefit from a tax benefit ??

Not sure what your point is, I work, the C2W scheme is an employment benefit, I can either pay using this or use my own money.

Save a bit in tax relief or pay rrp....tough choice

 

[vickster]

C2W isn't an employment benefit or you'd pay tax. This explains the original purpose of C2W

https://www.gov.uk/government/publications/cycle-to-work-scheme-implementation-guidance

Anyhow, spend it however your employer permits