Cycle to work industry first: Gogeta’s flexi-voucher
Find out what gives Gogeta cycle to work vouchers their flexible superpowers and how you can save all year round.
Gogeta’s flexi-voucher is a true innovation in cycle to work. For the first time, people using the cycle to work scheme are no longer forced to spend their tax-free allowance in full, in one shop, on one day. Read on to find out what the Gogeta flexi-voucher is, how it works and how you can make the most of tax-free savings throughout the year.
What is the Gogeta cycle to work flexi-voucher?
How the Gogeta Flexi-Voucher works
Gogeta’s flexi-voucher is the same as any other cycle to work voucher but apart from one big difference - it has flexible superpowers. Just like other cycle to work vouchers, you can make big savings by using it to pay for bikes and cycling equipment. The amount gets taken out of your gross salary, meaning you make big savings as you don’t pay tax or NI on that amount. And you pay it back over a year via salary sacrifice, making it even more affordable.
What gives Gogeta flexi-vouchers their name, is their flexible powers. With Gogeta’s flexi-voucher, you can draw down from your tax-free balance as many times as you like, at different retailers. It works like a tax-free gift card. Gloves and lights in the autumn, clothes and a helmet in the spring. All from the same voucher, all tax-free.
How does the Gogeta cycle to work flexi-voucher work?
You apply for a Gogeta’s flexi-voucher in exactly the same way as every other cycle to work voucher. But instead of having to apply for a set amount and then spend it all in one go, with Gogeta’s flexi-voucher you know you can use your voucher multiple times, at multiple retailers. So, you can add extra for accessories and equipment later in the year. Once you have received your voucher and start spending, you’ll get a link to an online portal so you can check your balance at any time. There’s no limit to how many times you can use it and it will be accepted at all our partner retailers.
Bike to work is not just for bikes
As we approach autumn, you might be thinking about lights, high-viz clothing and gloves, to keep you warm and comfortable on the road. You can use the bike to work scheme for any cycling related accessories, including helmets, clothing, lights, panniers and equipment. So if you’ve already got your bike but fancy buying some accessories, you can still make the most of tax-free savings with Gogeta.
How do I apply for the Gogeta cycle to work flexi-voucher?
To apply for a new Gogeta cycle to work voucher, your employer needs to be signed up to Gogeta. It’s quick, easy and offering the cycle to work benefit to staff doesn’t cost them a penny. If you run your own business - even better, Gogeta has a self-serve option so you can start saving today. Visit www.gogeta.com to find out more.
