Day: July 29, 2020

The Donno family

Family board meetings – you still need to take minutes

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Paul and Jenni had a board meeting yesterday revolving around the cycle to work scheme and Boris Johnsons announcement regarding the new grants for Electric bikes.   Now when we say ‘board meeting’ it was actually a discussion over their ‘Avo’ on toast. The vote was a very formal “that sounds like a good idea” and the minutes were as follows:

1 Accounts Online Ltd

Meeting of the board of Directors

Kitchen of the Directors in Haverhill Suffolk – 7:45am

Present:

Paul Donno

Jenni Donno – Chairperson and PSC

Apologies:

Paul Donno – for not getting the toast quite right!

Minutes of last meeting

JD required an amendment to the last meetings minutes in so far as she didn’t say that PD could have more time off to play golf.  It was agreed that PD could play golf three times a month and not a week as per the minutes.  JD also said that she would write the minutes in future.

It was resolved

PD having read the Times’ article that Boris Johnson is going to give a grant for an electric bike, PD suggested that it would be a good idea to look at the Cycle to work scheme. He then suggested for JD to get an electric bike so that the board of 1 Accounts could stay fit and work out together.  PD advised that then they could cycle to their local café for tea and cake for their next board meeting and claim subsistence.

JD felt that this was a good idea and asked PD to look into the scheme and find her a bike suitable to get to the café.

AOB

PD thought that as JD is only fulfilling her statutory duties as part of the Furlough rules, tea making is not illegal and should be actively encouraged.  After much debate PD agreed to make his own tea.

There being no other business the meeting was closed

Jenni Donno

Chairperson

Cyclist - The cycle to work scheme

Is the new electric bike grant right for your business?

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Boris Johnson announces grants for Electric Bikes, but are they a good idea for small business owners?

Bikes (including E-bikes) costing over £1000 will now be included in the Governments ‘Cycle to Work’ scheme. If any of your team members are keen to cycle to work, this is a great opportunity for your business to get involved.

GCI founder Rob Howes said in the Forbes article ‘E-Bikes And Other £1,000+ Bicycles Added To U.K. Government’s Money Saving ‘Cycle To Work’ Scheme’ :

We think the electric bike has an enormous part to play and making it possible to get one using the popular Cycle to Work scheme is a step in the right direction by the Government. We have multiple clients who have given up their cars and swapped to e-bikes, and we have helped lots of people who now have a cargo bike instead of a second bike

Rob Howes

ELECTRIC BIKES

Many cyclists will say that the electric bike is not for the ‘true cyclist’. However for the people who can’t keep up, need a little push up the hills or just don’t want to be sweaty when they arrive at work the electric bike is perfect and keeps cycling inclusive for all abilities.

There is also a myth that electric bikes are heavy, ugly things with wires hanging off the frame linking to a large battery that you have to get your legs around. This is not the case. Paul visited our local bike shop Aerocycles  and he was amazed at how good the electric bikes looked. They are definitely worth checking out.

Electric Bike

WHAT IS THE CYCLE TO WORK SCHEME?

The Governments Green Transport plan aims to reduce pollution, promote healthier lifestyles and makes cycling to work cost effective. All companies in the UK qualify for the scheme (providing they are UK tax payers). Earnings must remain above the level of national minimum wage after the salary sacrifice has been deducted. Unfortunately sole traders do not qualify for the scheme. The scheme gives employees a tax exemption. The savings are typically about 25-39%. You can implement this as a ‘salary sacrifice’ or as a ‘company perk’.

The added health and environmental benefits of cycling to work are huge. We would definitely recommend this scheme to get you and your work force cycling.

For more detailed information please look at Cyclescheme.co.uk https://www.cyclescheme.co.uk/get-a-bike/how-it-works

If you have a bike already don’t forget the £50 voucher to get your bike back on the road. https://www.bbc.co.uk/news/business-53558629

Happy Cycling