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18 Jul 2024

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15 Jul 2024

The Independent has published its list of the best electric bikes of 2024 after testing a series of folding, hybrid and city e-bikes.

15 Jul 2024

Community groups and other not-for-profit organisations in Greater Manchester can now apply for funding to set up their own bike library.

15 Jul 2024

Andrew Goodacre, CEO of ACT parent company Bira -the British Independent Retailers Association – has met with the new Secretary of State for Business and Trade Jonathan Reynolds and...

15 Jul 2024

The London Cycling Campaign has teamed up with Lime and Loud Mobility to launch a new £100,000 ‘Share the Joy’ fund to increase cycling within...

8 Jul 2024

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2 Jul 2024

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2 Jul 2024

In the first of an occasional series of features, we are delighted to introduce you to Ross, an expert trainer in Glasgow, and one of the most recent trainers to join the Cytech family.

1 Jul 2024

ACT member e-Velo is to open a new store in the Royal Arcade in Norwich in July, selling a range of e-bikes from some of Europe's top brands.

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gogeta launches industry first 'flexi voucher'

Posted on in Business News , Cycles News

Flexi Voucher lets customers spread tax-free shopping over the year

gogeta & ACT

gogeta, the new tax-free cycling platform that offers a better deal for retailers and bigger savings for customers, has today announced the launch of Flexi Voucher, an industry first solution that lets customers decide how, when and where to spend their tax-free money.

With legacy schemes such as Cyclescheme and Halfords, customers apply for a voucher which then must be redeemed in one store, in one transaction. If they don’t spend the full voucher amount that day, customers lose the remaining balance, but still have to pay for the full amount in the hire agreement. This is stressful for customers and prevents them from spending their money how they choose. 

With gogeta’s Flexi Voucher, customers apply for a voucher as normal….but when it arrives, it has flexible superpowers and can be used multiple times until balance is fully drawn. So, customers can buy a bike from one retailer, a helmet from another and when the weather turns a few months later, stock up on lights and waterproof clothing. All from the same voucher.

It also means cyclists who may not want another bike, but do want parts, clothes or accessories can take advantage of tax free cycling, and not be locked into buying everything at once.

gogeta’s mission is to make buying through the cycle to work scheme a delight, passing on bigger savings to customers and fairer deal for retailers. gogeta is the only cycle to work scheme that has been endorsed by the Association of Cycle Traders due to its super low commission (just 3% versus 10% Cyclescheme). Since it launched over 150 independent bike retailers have signed up, including Sigma Sports, Balfe’s Bikes and The Electric Bike Shop.

Barry Scott, founder of gogeta said:

“Cycle to work has been around since 1999. Not much has changed since then. The last big innovation was from getting a paper voucher in the post, to drum roll, getting an email voucher instead. That’s why we’re so excited about the Flexi Voucher. For the first time customers won’t feel pressurised to spend everything all in one go. We think this is great for retailers as we’re confident it will ultimately mean customers spending more over the year. For too long cycle to work schemes have been riddled with compromise. Flexi Voucher brings us a big step closer to our mission of delivering the best possible retail experience for cyclists, that just happens to be tax-free.”

To find out more visit gogeta.

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