FAQ Search Memberlist Usergroups Register Profile
Log in to check your private messages Log in

Cycle scheme

 
Post new topic   Reply to topic    Humberton Guard Guild Website Forum Index -> Off-topic
View previous topic :: View next topic  
Author Message
Rayzor
Humberton Guard (Officer)
Mozarella



Joined: 02 Sep 2002
Posts: 3917
Location: Beeston Charcoal Grill

PostPosted: Tue Sep 23, 2008 6:49 am    Post subject: Cycle scheme Reply with quote

Just thought I'd post something about this as its such a good deal and doesn't seem to be that well known.

(UK tax payers only sorry)

Basically you get a bike and accessories up to 1000 and a monthly fee gets taken from your salary before you have paid tax on it saving you up to 50%.
For example I'm going to spend 457 on a bike and stuff but I'll only pay 268! 41% saving and I'll only lose 22 from my net pay each month for a year.

Amazing deal imo. And you get fit. :)

Info here http://www.cyclescheme.co.uk/
_________________
DaoC Farewell Vid

PS3: Rayzor587

WoW: Back for winter <cough>
HG Forever
Back to top
View user's profile Send private message Send e-mail Visit poster's website MSN Messenger
Collegien

Cheshire



Joined: 06 Jul 2003
Posts: 414

PostPosted: Tue Sep 23, 2008 10:02 am    Post subject: Reply with quote

I thought this looked like a good idea for a couple of friends when i just looked at it. Then i realised its a hire agreement ...and if you keep the bike at the end of the year you pay a "fair market value" for it. I suppose thats not too bad but the first page on the link doesnt imply that.
I Then read on and they say that a fair market value is around 5% of the original market price plus tax, dunno how they work that out? That would mean that it loses 95% of its value in 1 year. If they include the money you have paid throughout the year then its not really a hire agreement as i understand it.
Still on the whole it looks like a good scheme

I will pass the info on thx for teh heads up
Back to top
View user's profile Send private message
Twigbob
Humberton Guard (Officer)
Danish Blue



Joined: 22 Dec 2002
Posts: 831
Location: Melbourne

PostPosted: Tue Sep 23, 2008 7:44 pm    Post subject: Reply with quote

working in HR/payroll(boo!) - you can usually get these sort of schemes in your place of work, but if you leave they'll probably take the whole lot off you!

P.S

hi!

I want to play WAR!
Back to top
View user's profile Send private message Send e-mail MSN Messenger
Evzy
Humberton Guard
Spambulance
Spambulance



Joined: 17 Aug 2005
Posts: 4156
Location: Deeper underground.

PostPosted: Tue Sep 23, 2008 7:46 pm    Post subject: Reply with quote

Come play WAR. Its good.
_________________
Currently appearing as SirEvzy - Spammer Spec in Black Ops on PS3
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Humberton Guard Guild Website Forum Index -> Off-topic All times are GMT
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group