Article

Tax incentives

Cherry Allan's picture
Printer-friendly versionPrinter-friendly version
Cycle commuting is a convenient way for people to fit exercise into the daily routine, and work-related travel by cycle helps ease congestion and is good for the economy and the environment. To help, the Government has introduced a range of cycle-friendly tax incentives for employers and employees.
A cycle commuter on his way to work
Commuting to work by bike can save time and money

Cycle mileage

Employees who use their own cycle for work (i.e. not to and from work) are entitled to 20p per mile, tax-free.

If an employer pays less than this, or no cycle mileage rate at all (which is not a good thing, of course!), an employee can still claim tax relief by contacting HMRC (Her Majesty's Revenue and Customs) directly.

For more, see HMRC’s guidance for employees who use their own vehicles for work

Your rating: None Average: 5 (1 vote)

Article tags

Share this article

Archive

  • Patron: Her Majesty The Queen
  • President: Jon Snow
  • Chief Executive: Carol McKinley (Acting)
  • Cyclists' Touring Club (CTC): A company limited by guarantee, registered in England no.25185. Registered as a charity in England and Wales No 1147607 and in Scotland No SC042541

 

Terms and Conditions