Bike Pro Racing is Birmingham's largest independent bike shop and has over one hundred different bike models on display as well as a comprehensive range of clothing and accessories in our newly refurbished store. Bike Pro have joined forces with Cyclescheme initiative to encourage people to commute to work, increase fitness and to help the environment. So with no strings attached you can purchase a bike VAT FREE, TAX FREE & NATIONAL INSURANCE FREE !!! - We are also part of the Bikes for the NHS scheme, Onyourbike scheme and CyclePlus schemes.
- WE are constantly getting in new stock, so if you don't see what you want, drop us an email and we will get back in touch within an hour.
What Are The Benefits?
Save up to 50%* on the cost of a new bike and any accessories including Helmets, Gloves, Jackets, Over Trousers, Locks, Mud Guards, Panier's and Tools. Pay monthly and save VAT, National Insurance and Income Tax. Get any make or model of bike & accessories stocked at Bike Pro Racing. Save your employer money as well through NI contributions. Cyclescheme's secure extranet website means minimal hassle or simply pop in the shop for a quick and simple quote.
What Do I Do Next?
Simply talk to your employer and get them to agree to use Cyclescheme and Bike Pro Racing then register on www.cyclescheme.co.uk Visit our shop and choose your ideal package from our extremely well stocked premises and we will issue you with a quick and easy quote. Your employer authorizes the quote for you to enter onto Cyclescheme's secure website. Cyclescheme issue you with a secure voucher which can be used to simply collect your bike and accessories from our shop... No hassles.
How Does It Work??
These are 3 examples of how a higher rate tax payer can save up to 50% on there bike package paid over a 12 month period:
Example 1:
Giant CRS Alliance Bike (RRP Inc VAT) £995 VAT Saving on bike £129.78 Income Tax & NI saved £268.21 Total bike package price £597.01 Total saving £497.37 (40%)
Example 2:
Giant Defy 2.5 Road Bike (RRP Inc VAT) £675 Helmet & Gloves (RRP Inc VAT) £80 Total cost of bike and accessories (RRP Inc VAT) £755 VAT Saving on bike £91.96 Income Tax & NI saved £205.54 Total bike package price £297.5 Total saving £360.66 (39.4%)
Example 3:
Giant Expression N3W Ladies Commuting Bike (RRP Inc VAT) £325 Helmet, Gloves, Rear Panniers, Pump, Spare Tube (RRP Inc VAT) £100 Total cost of bike and accessories (RRP Inc VAT) £425 VAT Saving on bike £52.17 Income Tax & NI saved £115.58 Total bike package price £172.86 Total saving £167.75 (39.5%)
|
