My other bike's a Cervelo...

Kipsy. Perhaps you could be so kind as to explain how to have an employer extend the £1,000 limit. That would certainly be more useful than repeating the word "fail".

I also thought that the bike had to be mainly for commuting. How do you get around that? Surely, no one commutes on a £4,000 bike?

We've got a property development client whose De Rosa was so expensive that they got us to do some special capital allowances comps regarding its purchase.

Also, you don't even have to necessarily put in 50% work miles. You just have to use it "mainly" for commuting, so you could ride to work five days a week and then do 100km rides on Saturday and Sunday, etc. It's being used wholely for work for most of the week, so you could argue the point.

It would be great if my work got a consumer credit license...