Find out what you can save
Find out how much you could save with GCI | |
£ | |
£ |
|
A salary sacrifice arrangement cannot be used if in so doing the employee's gross pay drops below the National Minimum/Living Wage. To check this, please enter your age and the hours worked below: |
|
Here are your potential saving: | |
A salary sacrifice arrangement cannot be used if in doing so the employee’s gross salary drops below National Minimum Wage. To avoid this, you should choose a bike under and/or request a longer salary sacrifice period. | |
A salary sacrifice arrangement cannot be used if in doing so the employee’s gross salary drops below National Minimum Wage. Please check and resubmit your calculation or refer to your HR / Benefits Team to check your eligibility for the scheme. | |
The cycle to work saving is made from repaying your employer from your gross saving. To make this saving you must be paid above the tax threshold of £12,570. Therefore, you should choose a bike under and/or request a longer salary sacrifice period. | |
You currently don’t pay any tax or NI so you will not make any savings under the Cycle to Work Scheme. Please speak to your HR department to discuss your options. | |
The GCI savings calculator can only give an indication of your potential saving as your personal circumstances may cause it to differ | |
£ | |
£ | |
£ | |
£ | |
Employer savings
FAQ's