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@pastry_bot
Most employers should be fairly easily persuaded - to sign up requires filling in a few forms and finance sorting it. Depending on how big your employer is will determine what the cost/benfit ratio is for them. Failing that, I have heard you can fill in the forms for them...but that's just anecdote. They still need to sign it off.
Most companies assumme that the FMV is roughly 5% of the purchase price of the bike - i.e a nominal amount. I think this is fairly standard.
I bought my bike before the voucher had been approved, although did clear it through my employer informally beforehand. Then I gave the voucher to CycleSurgery a week or so later and they reimbursed me the cash.