Does UCL have an alternative bicycle loan scheme?
The provision of a standard bicycle loan is different to that of the application for the Cycle Scheme (Salary Sacrifice) and a standard bicycle loan will not provide you with any savings to your tax or national insurance contributions. Therefore please refer to the eligibility rules of this Cycle Scheme before considering a bicycle loan. If you do require information about the bicycle loan scheme please contact Steve Jacobs in Payroll and Pension Services on ext 48247 or email steven.jacobs@ucl.ac.uk.