The Work Cycle Guide for Employers provides options for the implementation of a work cycle system that covers benefits; the right to participate; equipment; Taxes and employee charges and social security contributions. The Cycle Rail programme has already tripled the number of bicycle parking spaces in more than 500 stations, or more than 80,000. KPMG`s tax and legal services team can assist employers in all aspects of compliance, including taxes, NMWs, consumer credit and authorized work cycle system activities. The rental agreement is the legal agreement that exists between you (the employee) and the owner of the bike; which, in most cases, is cycle chemistry. If it is a third party, it is likely a consumer lease regulated under the Consumer Credit Act 1974 (CCA). The owner of the consumer lease may need permission from the Financial Conduct Authority (FCA). In many cases, the rental agreement may exist between the worker and a third party, for example. B a service provider (see below), who rents the goods to the worker and is paid by the employer on the victim`s product. At the end of the recruitment period, an employee has three options: the updated guidelines now allow third parties authorized by the ACF to enter into agreements with employees and implement cycle-to-work programs on behalf of the employer. Record what happens, use an information library, and share content with your network of contacts. A separate lease agreement (which may or may not be regulated by the ACF) is required.