Cyclescheme payslip question

anish24
anish24 Posts: 11
edited September 2014 in Commuting general
Hi,

Quick question about payment from cyclescheme, how does it appear on your payslip? is it added to NI or VAT? or does it have a seperate deduction tab which states its from cyclescheme?

Cheers

Comments

  • BobMcbob
    BobMcbob Posts: 104
    Seperate deduction as a salary sacrifice on my payslip
  • redvee
    redvee Posts: 11,922
    My payslips says 'SS cycle' for my C2W payment
    I've added a signature to prove it is still possible.
  • The Rookie
    The Rookie Posts: 27,812
    It is not tax and not NI and therefore 'must' appear as a separate deduction on your payslip in the same way pension, other SS payments (or SP (smart pay) as some companies call it to make it more palatable for those who don't understand it), private health care etc etc
    Currently riding a Whyte T130C, X0 drivetrain, Magura Trail brakes converted to mixed wheel size (homebuilt wheels) with 140mm Fox 34 Rhythm and RP23 suspension. 12.2Kg.
  • drummer_boy
    drummer_boy Posts: 236
    On mine it appears next to my pension contributions, in the 'taking it off before tax' box.

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