Guide
Cycle to Work and Take-Home Pay
Cycle to Work is one of the easiest salary-sacrifice schemes to understand because there is usually no company-car style BIK complication in the main take-home estimate.
Quick answer
The employee usually gives up gross salary and saves tax and NI, so the net cost is lower than the headline package cost.
What to check
- The take-home drop is usually smaller than the gross amount exchanged.
- The saving depends on the tax and NI band you are in.
- Payroll timing can still vary slightly by employer.
What to do next
- Use the calculator to model the annual package cost.
- Check the first payslip after the scheme starts.
- Compare with EV salary sacrifice if you are looking at multiple options.
Try the tool
Use the checker if you already have a payslip. Use the calculator if you want to model take-home pay or salary-sacrifice changes before payday.