• I used the cycle to work scheme to get a bike in 2008. I went to the shop, added up a total of £800 and then applied.

    Now if I use the evans ride to work calculator and enter £3000 as my monthly salary and £800 as the cost of the bike and bits it says the monthly cost is £39.15.
    So in total the lot over the year would be 469.79.

    But I remember when my payslip came through the monthly cost was something like £54 meaning the total was £648 which makes the scheme a lot less desiarable.

    Anyone know exactly how it all works? I want to get another bike which will cost £1000 so I need to get my head around the figures.

    Cheers

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