Cycle-To-Work tax free scheme for self employed

[Jack The Lad]

Can anyone tell me if it is possible to benefit from the Cycle-To-Work tax free scheme if you are self-employed?

I run my own business, it involves some localised travel every day, and I would definitely save money and work more efficiently using a bicycle rather than a car.

 

[Complainer]

Don't think this scheme applies, but afaik if the business were to purchase a bike, solely and exclusively for use on business, then your business would get a tax deduction anyway for the cost of the bike.

 

[Bosshog]

Probably the same answer as above but here's hoping!

Im a sole trader, am I eligible for the bike to work scheme?

 

[Domo]

This scheme is only for employees or directors - therefore not applicable to self employed.
It just removes the provision of a bicycle for cycling to work from BIK

 

[roadrunner1]

any change in this

Hi,
In a bike shop yesterday i was told that the bike to work scheme was extended to the self-employed- anyone know if this is true? I'm a sole trader who is working out tax issues this week- could I get a tax deduction on a new bike??
thanks