The Office, based at the Treasury, recognised the key part the cycle to work scheme plays in creating new cyclists and helping people live healthier lives.
The Office of Tax Simplification has presented its findings to the Chancellor of the Exchequer and a formal response is expected as part of the Budget 2011. The Office was created to provide independent advice on simplifying the UK tax system.
Three quarters (76%) of cycle to work scheme users say they would not have purchased a bike if it had not been offered through the cycle to work scheme, the Cycle to Work Alliance's recent Behavioural Impact Analysis found. While nine out of ten (87%) of those who cycle to work have also noticed a direct health benefit from their more active commute.
Keith Scott, Cycle to Work Alliance Representative and head of business services at Halfords, said: "We are delighted the Office of Tax Simplification has recognised the important work the cycle to work scheme plays in supporting the Government's health, environment and sustainable transport policy."
