Local Maltster and Malted Ingredient Company Muntons plc recently offered their staff the opportunity to get fit, save money and help the environment. How? Through a Government sponsored “cycle to work” initiative.
The scheme encourages employees to lease a new bike, worth up to £1,000 for 12 months after which time the bike becomes theirs. Savings on VAT, National Insurance and Income Tax, along with the staggering of payments over 12 months, make the proposition an attractive way to join the biking fraternity.