If being paid to cycle wasn't enough...

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Location
Salford
So am I right in saying that I wouldn't be able to claim if the journey was regular commuting to my normal office and something that they wouldn't pay expenses for?
HMRC would not give you any allowances for regular journeys to your normal place of work, no. Your employer might choose to pay you, that is your employer's business, but payments would taxed as income.
 

Salis

Regular
Location
Wiltshire
The fact you can't get paid for cycling to your usual workplace without paying tax on it is quite significant. There is, I believe, only one payment you can get from your employer for cycle commuting without paying tax and that is 6 free breakfasts per year, a concession from HMRC to encourage bike-to-work days.
 

Jdratcliffe

Well-Known Member
Location
Redhill, Surrey
The fact you can't get paid for cycling to your usual workplace without paying tax on it is quite significant. There is, I believe, only one payment you can get from your employer for cycle commuting without paying tax and that is 6 free breakfasts per year, a concession from HMRC to encourage bike-to-work days.
only 6? this year i have training it into work once..
 
I can claim mileage but I forget how much and for the odd time I do cycling in and for work I decided it wasnt worth it and the only extra I got for being the top mileage cyclist in Peterborough (well the one's in the workplace challenge :whistle:) was tickets to the cinema which is probably in the most inaccessible area :rolleyes:
 

400bhp

Guru
It's not.

As the bike is leased you can't claim till paid off. Affected me the first year I had my fixed, never really saved any money on the scheme first year. Now claim about £140 a year and it covers tyres, chain etc.

Your employer might not, but it is allowed.

Hence the "bollox".
 
Your employer might not, but it is allowed.

Hence the "bollox".


Semantics. As the employer own the bike under the Cycle to Work scheme, the employee can't claim the tax free allowance of 20p per mile, as if they did, they'd be taxed on it.

See Section 13 of HMRC guidance.

Employers can pay up to 20 pence per mile tax free to employees who use their own cycles for business travel. Journeys between home and work are not business travel for this purpose.
Any employee considering joining a Cycle to Work scheme will need to consider whether they would prefer to use their own cycle and be able to claim up to the 20p per mile tax free for any business miles they travel, as opposed to having a cycle loaned to them by their employer.
Employees cannot claim the 20p per mile tax-free mileage allowance for business travel if they use a cycle loaned to them by their employer.
 

colly

Re member eR
Location
Leeds
So as well as being paid to cycle to work the glorious figure of £1 per day, today I had the added bonus of being told as one of the top 12 cyclists for the company I had a free check with the bike doctor next week and the company would pay for £300 worth of repairs / work

Crickey that's a brilliant deal.

I work for myself and even I don't get an offer like that.
 

buggi

Bird Saviour
Location
Solihull
you get paid to cycle in???? i think National Grid need to up their game. i thought they were good but we don't get paid to cycle in and we don't get a fresh clean towel service either. Hmmmm i feel a meeting coming on.
 

Davidc

Guru
Location
Somerset UK
Being self employed means I can negotiate any rate I want for cycling. Not only that I might award myself a bonus for being my No1 cyclist (a close run thing) There's probably going to be a downside to this but I refuse to accept it.:bicycle:
Not if you want it tax free. My accountant passes the 20p a mile I put on the books as a taxable expense, no problem, but that's the most HMRC will allow, self employed or otherwise.

Most of my mileage is by car (sadly) and the same applies but at the 45p a mile rate.

Of course you can pay yourself whatever you like, and charge clients whatever the market will stand, but any more than HMRC limits is taxable.
 
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