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8 Apr 2024

 A new video from the London Cycling Campaign (LCC) launched ahead of the mayoral election on May 2 urges followers to “make sure London’s next Mayor knows just how much we all...

8 Apr 2024

A new study has suggested that cities need to take into account the rapid growth and serious potential of electric bikes in moving people.

8 Apr 2024

A new study conducted by the Department of Industrial Engineering, Capital University of Economics and Business, Beijing, says a bike’s cost and the income of the buyer play the biggest...

3 Apr 2024

The Association of Cycle Traders is urging cycle retailers to register their opposition to proposed government changes to e-bike regulations before the consultation closes on April...

2 Apr 2024

Walsall's cycling community has been celebrating a family-owned business which celebrates its 90th anniversary this year.
 

26 Mar 2024

CEO of UK cycle clothing and accessories brand Lusso has said that the takeover of Wiggle by Mike Ashley’s Frasers Group represents an opportunity for small bike businesses to benefit...

25 Mar 2024

A government adviser on cities has urged ministers to make urban areas friendlier for walking and cycling, saying this would boost prosperity, health and personal freedom, and could even help...

25 Mar 2024

The annual e-bike monitor by market research institute GfK has found that the 25-34 age group made up a bigger portion of all e-bike customers in the Netherlands in 2023 compared with 2022,...

25 Mar 2024

When ACT member E-Motion Electric Vehicle Company in Swindon found that its outside wall had been vandalised with graffiti tags, manager Mark Butler decided to tidy it up a bit.
So Mark and...

22 Mar 2024

Rob Brown, co-director of Dalby Forest Cycle Hub, a not-for-profit hire scheme has been nominated for the Tourism Superstar 2024 award, run by VisitEngland.

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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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