Cycle to work scheme

We are introducing cycle to work scheme at our workplace. My question is how to account for output tax and employee deductions. For example if the cycle costs us £100 what do we need to deduct from employee salary and for VAT?

Comments
There are 3 comments. Login or register to view them.

Aware of but not looked into

MARKJET |

http://www.cyclescheme.co.uk

MARKJET |

Depends on the term and what happens at the end of it

George Attazder |
George Attazder's picture