Celebrate Cycle to Work Day 2024 with Tops!

Cycle to Work Day 2024 is just around the corner, and at Tops Day Nurseries, we’re thrilled to join in the excitement of this annual event! Cycle to Work Day is a fantastic opportunity to promote cycling as a healthier and more sustainable commuting option.

Why Cycle to Work?

Cycling to work has numerous benefits for both you and the environment:

• Health Benefits: Regular cycling boosts cardiovascular health, enhances mental well-being, and helps maintain a healthy weight. It’s an easy way to incorporate exercise into your daily routine.
• Environmental Impact: By cycling instead of driving, you reduce your carbon footprint and contribute to cleaner air, helping combat climate change.
• Cost Savings: Cycling eliminates the cost of fuel, parking fees, and vehicle maintenance, making it a budget-friendly alternative to driving.
• Mental Boost: Cycling can be a refreshing start and end to your day, reducing stress and improving your mood.

How We Support Cycling at Tops!

At Tops we offer the Cycle to Work Scheme to support our colleagues in adopting a healthier lifestyle, reducing their carbon footprint, and making commuting more sustainable and affordable. This helps with:

• Significant Savings: Save 25-39% on the cost of a bike and cycling accessories. This scheme allows you to enjoy substantial savings while investing in your health and the environment.
• No Upfront Costs: There’s no need to pay anything upfront. The chosen bike and accessories are paid for through tax-efficient salary deductions which are spread over the course of a year.
• Tax-Efficient Payments: Our scheme operates as a no-interest loan, with payments made before tax, which means you benefit from tax and National Insurance reductions.

How the Scheme Works:

1. Choose Your Gear: Start by selecting the bike and/or accessories that best suit your needs, up to a value of £1,000. Whether you’re looking for a sturdy commuter bike or some new cycling gear, this scheme gives you the flexibility to pick what works for you.
2. Purchase and Payment Setup: Once you’ve made your choice, our accounts team will take care of the purchase. We’ll spread the total cost over a year, deducting payments directly from your salary in a tax-efficient way.This means you don’t have to worry about any upfront costs, making it easier to get the gear you need.
3. Enjoy the Savings: As an example, if you opt for a £500 bike package and your salary is around £15,000, you could save approximately £125 over the year. These savings come from the tax and National Insurance reductions you gain by participating in the scheme, making cycling not only a healthier choice but also a more economical one.

We encourage all our colleagues and little ones to participate in Cycle to Work Day and experience the benefits of cycling. Whether you’re a seasoned cyclist or considering taking up cycling for the first time, it’s a great opportunity to enhance your health and contribute to a greener environment!