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UK Tax-free bike buying 'Cycle to Work' schemes

UK Tax-free bike buying 'Cycle to Work' schemes
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Did you know you could save up to 50 percent off the price of a bike (and accessories) thanks to a government Green Transport Plan scheme? Here's how.

• All about the Tax-Free Bike Buying Scheme
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  Cycle to Work is a tax incentive aimed at encouraging employees to, er, cycle to work, thereby reducing air pollution and improving their health. 
  The scheme allows employees to benefit from a long term loan of bikes and commuting equipment such as lights, locks and panniers completely tax free.
• Cycle to Work Scheme implementation guidance
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  Learn all about 'salary sacrifice' and 'tax exemptions'. This is the detail a Human Resources department would need to create their own bike-buying, tax-break scheme.