UK’s Tax Scheme Update Targets Increased E-Bike Use

LONDON, UK - Cycle to Work (C2W) is a UK government scheme designed to help employees buy bicycles, e-bikes and cycling accessories to be used for the purpose of cycling to work. It works by rebating tax paid by the employee against the purchase of the bike. The popular tax ‘salary sacrifice’ scheme that rebates tax against a bike for commuting to work now includes e-bikes that retail over GDP 1,000 (1,125 euro