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Cycle2work Tax free bikes from Poweredbicycles

http://www.pmmemployeebenefits.co.uk/cycle2work.html

Tax free bikes from your local

independent cycle retailers

P&MM operates this Cycle to Work scheme in partnership with your local

independent cycle retailers chosen from a cross section of your local businesses.

The scheme allows employees to choose any adult bicycle available up to

maximum value of 1000 inc VAT. The cycles and equipment provided must be

suitable for travel to work and must be used for at least 50% of its ridden time for

travelling to and from work.

Cycle to Work is a government backed scheme that helps to increase access to

more sustainable means of transport to work as well as improve the congestion

problems in the UK.

How the scheme works

Employer purchases a bicycle and cycling safety equipment for staff

Purchase made via capital expenditure or operating lease

Staff lease the equipment from their employer over 12 - 18 months

Employer may treat the bicycle as a business asset and reclaim VAT

Employer may recoup cost of loaning equipment via employees'

salary sacrifice

Employee pays fixed monthly amount from gross pay, thus saving TAX

and NIC.

Employer retains ownership throughout term and may decide to transfer

title to employee

Benefits to the employer

Employees have access to specialised ranges and brands not

available elsewhere

Up to 50% saving on a cycle which shows a tanglible benefit

Innovative employee benefit at zero cost

Fully managed scheme with minimum paperwork

Satisfies 'buy local" policies and contributes to Green Travel Plans

Call on 01908 352067 or email

employeebenefitsales@p-mm.co.uk

P&MM Limited Rockingham Drive Linford Wood Milton Keynes MK14 6LY

Tel + 44 (0) 1908 608000 Fax + 44 (0) 1908 665597 Email firstname.surname@p-mm.co.uk Web www.p-mm.co.uk

Fresh thinking, inspired concepts

and creative solutions

Tax free bikes from your local

independent cycle retailers

P&MM operates this Cycle to Work scheme in partnership with your local

independent cycle retailers chosen from a cross section of your local businesses.

The scheme allows employees to choose any adult bicycle available up to

maximum value of 1000 inc VAT. The cycles and equipment provided must be

suitable for travel to work and must be used for at least 50% of its ridden time for

travelling to and from work.

Cycle to Work is a government backed scheme that helps to increase access to

more sustainable means of transport to work as well as improve the congestion

problems in the UK.

How the scheme works

Employer purchases a bicycle and cycling safety equipment for staff

Purchase made via capital expenditure or operating lease

Staff lease the equipment from their employer over 12 - 18 months

Employer may treat the bicycle as a business asset and reclaim VAT

Employer may recoup cost of loaning equipment via employees'

salary sacrifice

Employee pays fixed monthly amount from gross pay, thus saving TAX

and NIC.

Employer retains ownership throughout term and may decide to transfer

title to employee

Benefits to the employer

Employees have access to specialised ranges and brands not

available elsewhere

Up to 50% saving on a cycle which shows a tanglible benefit

Innovative employee benefit at zero cost

Fully managed scheme with minimum paperwork

Satisfies 'buy local" policies and contributes to Green Travel Plans

Call on 01908 352067 or email

employeebenefitsales@p-mm.co.uk

P&MM Limited Rockingham Drive Linford Wood Milton Keynes MK14 6LY

Tel + 44 (0) 1908 608000 Fax + 44 (0) 1908 665597 Email firstname.surname@p-mm.co.uk Web www.p-mm.co.uk

Fresh thinking, inspired concepts

and creative solutions

More Information Please Visit website link Below

http://www.pmmemployeebenefits.co.uk/cycle2work.html

http://www.cyclescheme.co.uk/SAINSBURYS

WWW.CYCLESCHEME.CO.UK/SAINSBURYS

Roadshows to launch the Sainsbury's scheme have already been arranged so unless you have been contacted by Cyclescheme there will not be a roadshow at your local site. We ask that you refrain from contacting your local store as Sainsbury's are already doing a massive publicity push to their staff about the scheme.