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  • And I'm still making a saving other than buying it upfront, right? I'm a bit stupid with numbers but this would seem to suggest I'm right, right?

    Basic Rate Taxpayer on a £1k certificate...

    **Post VAT ruling, **
    1st Jan 2012 **Inc VAT savings **pre 1st Jan 2012
    Overall Saving £320.00 £433.36
    Overall Saving 32% 43%

    Yes, you still make a saving compared to buying upfront. Cyclescheme have a calculator on their website to work out savings if i remember rightly

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