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How it Works – Cycle to Work Scheme

http://podium4bikes.com/about-cycle-to-work

Raquo; How it Works. The Cycle to Work Scheme allows the Employee to get a cycle and other related equipment at much reduced cost, at no cost to the Employer. The cycle must be used mainly. Below we’ll cover:. Summary of how it works. Why Podium 4 Sport as your Cycle to Work partner? Our summary of how it works. The Employer agrees to operate the scheme and determines the basic rules – primarily the maximum value and scheme term. The Employee applies to their Employer to participate. The Employee is exem...

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Frames and forks – Cycle to Work Scheme

http://podium4bikes.com/about-bikes/frames-and-forks

Raquo; About bikes. Raquo; Frames and forks. Most frames built today are constructed from aluminium or carbon fibre. As a general rule aluminium frames are less expensive, however a good quality/grade of aluminium will be better than a poor quality/grade of carbon fibre. Found on road, hybrid and MTB bikes. Life expectancy is 5yrs. Very stiff (can be uncomfortable because of this but great because power is transferred directly to the pedal stroke). Life expectancy is up to 10 years.

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Wheels & Tyres – Cycle to Work Scheme

http://podium4bikes.com/about-bikes/wheels-tyres

Wheels & Tyres. Raquo; About bikes. Raquo; Wheels & Tyres. Broadly speaking road bikes will have narrow, smoother tyres and MTBs will have fatter knobbly tyres. Narrow/smoother is noticeably more efficient riding on roads, knobbly tyres for softer/muddy/loose surfaces but are harder work on smooth tarmac than smooth tyres. Hybrid bikes … you guessed it … will be bewteen the two. Left to right – typical Road, MTB and Hybrid bike tyres. Slicks, Knobblies or Semi-Slicks? It’s really quite a specialist...

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Employees – Cycle to Work Scheme

http://podium4bikes.com/for-employees

Expert advice from our very experienced and qualified team of cycle experts. Significant savings on a bike and safety equipment up to 48%. Spread that cost over 12 or 18 months. Fantastic choice of quality equipment. Bike serviced twice in first year for free. Delivery can be arranged to anywhere in NI or ROI if required. Further discounts off other sports clothing and equipment at Podium 4 Sport. And of course, a healthier lifestyle. How it works for you. The scheme covers cycle equipment used mainly.

podium4bikes.com

Gears, brakes – Cycle to Work Scheme

http://podium4bikes.com/about-bikes/gears-brakes

Raquo; About bikes. Raquo; Gears, brakes. Gears will vary depending on the price off the bike, and while they can look very similar there are significant differences. Just like there are many varieties of say a Volkswagon car to suit different needs at different prices, there are many varieties of Shimano gears. Typical Shimano gears (click to zoom). There are two types: rim brakes, or disc brakes. This refers to the part of the wheel where the brakes act. The main types of rim brakes are callipe...Again...

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About bikes – Cycle to Work Scheme

http://podium4bikes.com/about-bikes

Raquo; About bikes. First question is often about what makes one bike worth 100s more than another. 1000s even. Big topic. Within the most common Cycle to Work range we have many bikes from about 250 to 1000, so it’s a reasonable question. Like most things, the more you pay the more you get. With cycles it’s to do with technology and specification of the main components – primarily frame, gears, brakes, wheels, suspension. 8211; road bikes, mountain bikes, hybrid. To make sure it’s right for you. Trek ar...

podium4bikes.com

Apply – Cycle to Work Scheme

http://podium4bikes.com/apply

If your Employer has set up an Online Application System with us they will have given you a password to access their own page, which includes information about their scheme rules and their online Application Form. Submit the password and you’ll be taken directly to your Employers page. If you don’t have a password you can get it from your Employer. If you have one and it didn’t work, please double check you’ve entered it properly first. Ready to purchase your bike? Cycle to Work by Podium 4 Sport.

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Fair Market Value – Cycle to Work Scheme

http://podium4bikes.com/fair-market-value

Raquo; Fair Market Value. Fair Market Value (FMV) is an HMRC term relating to the value of the cycle if it is transferred to the employee after the end of the hire period (as often happens). FMV is calculated according to guidelines issued by HMRC, copied in the table below (for more information see HMRC documentation HERE. There are three main things to note here:. Under HMRC rules the tax exemption for C2W schemes cannot apply if there is an automatic. 8216;likely to be of lesser value’. This is the le...

podium4bikes.com

Bike types – Cycle to Work Scheme

http://podium4bikes.com/about-bikes/bike-types

Raquo; About bikes. Raquo; Bike types. Which type for you? When choosing a bike, the first thing is to identify what kind of cycling you want to do and how often you want to ride. Road bikes with drop handlebars and skinny tyres for road use, mountain bikes with knobbly tyres for off-road riding, hybrids which are a mixture of both road and mountain bikes, are the three main types of bike. Your first question that you shoud ask is “Will I be riding off-road, on the road or a bit of both”.

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Savings calculator – Cycle to Work Scheme

http://podium4bikes.com/savings-calculator

Raquo; Savings calculator. First check your actual spending limit using the [YELLOW]. Section below. Your employers Cycle to Work Scheme will have a limit. This is often 1000 so we’ve put that in by default, but if your scheme limit is different just over-write that number. However, if you’re entitled to any discount then that can be deducted from our in-store prices first. It’s the discounted (i.e. ACTUAL) price you pay that goes into the C2W scheme. Then just complete the top three [GREEN]. If your emp...