You are reading a single comment by @Mirius and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
@Mirius
The only way around all the complexities of how much to claim, how to claim is to use the cycle to work scheme (though the mileage option may work for you better). In terms of admin it is very simple and so long as you use the bikes according to the scheme rules (min 50% of mileage work/ commuting related) then you can have as many bikes on it as you wish.
However if you want advice that is tailored to your personal situation, and not the result of guesswork from internet 'experts' then talk to an accountant - and this is advice from an accountant (who doesn't specialise in personal tax). In my experience very few people actually understand the cycle to work scheme - all they understand is what they have read in marketing material from cycle to work schemes or the rules that a particular company has decided to implement. There is for example no requirement for the cyclist to pay for the cycle. I could go on, but really.... talk to an accountant.