Electric Bikes Conversion Kits EMTBS eRoad/Commuting What's New?

Recent content by Green Commute Initiative

  1. G

    [Apr 25, 2017] Free e-bike cultural tour of the City of London Quietways (City of London)

    A chance to try an e-bike on the Quietways of the City of London with some culture thrown in! More information here: www.quietways.london
  2. G

    E-BIKES ARE TAKING OFF IN THE UK – AND A NEW TAX BREAK COULD ENCOURAGE EVEN MORE PEOPLE TO SADDLE UP

    Now after all that argy bargy does anyone fancy a free e-bike cultural tour? If you're in London take a look at this: www.quietways.london A chance to try a decent range of e-bikes free of charge and learn something of the amazing history of our capital city. Did I mention it was free?
  3. G

    E-BIKES ARE TAKING OFF IN THE UK – AND A NEW TAX BREAK COULD ENCOURAGE EVEN MORE PEOPLE TO SADDLE UP

    Having thought about the original concept I can see what Whoosh is trying to do. However I believe there is a fundamental problem with the approach of low rentals and then a payment at the end to account for the price of the bike. This is a hire purchase transaction. Even if you call it...
  4. G

    E-BIKES ARE TAKING OFF IN THE UK – AND A NEW TAX BREAK COULD ENCOURAGE EVEN MORE PEOPLE TO SADDLE UP

    The employer can't give it away. HMRC have a table of fair market value you must use when the transfer takes place. They simple work on the age of the bike: https://www.gov.uk/hmrc-internal-manuals/employment-income-manual/eim21667 Page 2
  5. G

    E-BIKES ARE TAKING OFF IN THE UK – AND A NEW TAX BREAK COULD ENCOURAGE EVEN MORE PEOPLE TO SADDLE UP

    Gross salary sacrifice will be £1,000 / 12 = £83.33 Where do you get £67 from?
  6. G

    E-BIKES ARE TAKING OFF IN THE UK – AND A NEW TAX BREAK COULD ENCOURAGE EVEN MORE PEOPLE TO SADDLE UP

    I'm sorry I don't understand your calculations.
  7. G

    E-BIKES ARE TAKING OFF IN THE UK – AND A NEW TAX BREAK COULD ENCOURAGE EVEN MORE PEOPLE TO SADDLE UP

    The issue is the hire of the bike not the credit. Employers providing loans to employees are not included in the CCA for loans of less than £15k so the salary sacrifice isn't a regulated activity. Consumer hire is, so the employer must be regulated for Consumer Hire for hire agreements over £1K...
  8. G

    E-BIKES ARE TAKING OFF IN THE UK – AND A NEW TAX BREAK COULD ENCOURAGE EVEN MORE PEOPLE TO SADDLE UP

    This guidance is outdated. this is the current guidance. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/457866/cycle-to-work-guidance-update.pdf Scroll down to section 2 at the bottom of page 2
  9. G

    E-BIKES ARE TAKING OFF IN THE UK – AND A NEW TAX BREAK COULD ENCOURAGE EVEN MORE PEOPLE TO SADDLE UP

    GCI is pretty simple for the employer. They pay us what the reseller charges for the bike. We don't dictate pricing. We’re open about what we charge resellers. (5% of the sale price) We create and send out all the agreements for electronic signature and then send the employer the amount of...
  10. G

    E-BIKES ARE TAKING OFF IN THE UK – AND A NEW TAX BREAK COULD ENCOURAGE EVEN MORE PEOPLE TO SADDLE UP

    If you are a VAT registered business you must account for the VAT on the service you provide. Since the Astra Zeneca ruling, VAT is payable on the gross salary sacrifice regardless of who owns the bikes. We advise people who are unsure to call the VAT / HMRC helpline to get a definitive answer...
  11. G

    E-BIKES ARE TAKING OFF IN THE UK – AND A NEW TAX BREAK COULD ENCOURAGE EVEN MORE PEOPLE TO SADDLE UP

    Hello I’m Rob from the Green Commute Initiative. This is the correct information: As a VAT registered business you can either claim the VAT back on the purchase and then at the end of the salary sacrifice issue an invoice to the employee for the gross amount of salary sacrifice including VAT...
See more
Top Bottom