Bike to Work scheme
Cycle to Work Scheme
This scheme aims to encourage you to cycle to and from work. Under the scheme your employer can buy a bicycle and safety equipment for you. This will not be a taxable benefit-in-kind.
There are now two limits, depending on the type of bicycle purchased.
For pedelecs or ebikes and related safety equipment the limit is €1,500. For other bicycles and related safety equipment the limit is now €1,250.
Prior to 1 August 2020 the limit for all bicycles and safety equipment was €1,000.
The purchase can be made in our shop.
How do I save money on the Bike to Work Scheme?
As an employee you save on the costs of cycling to work because your repayments come out of your salary before tax, USC and PRSI are deducted. This means that someone on the highest rate of tax will save around half of the cost of a new bike and equipment.
- Travel Hub
WHAT EQUIPMENT DOES THE BIKE TO WORK SCHEME COVER?
The scheme covers the following items, which must be purchased as new (not second-hand):
- New electric bikes (electrically-assisted bikes that require some effort to propel)
- Cycle helmets
- Bells and horns
- Lights (including dynamo packs)
- Mudguards and skirt guards
- Cycle clips
- Panniers, luggage carriers and straps
- Locks and chains
- Puncture repair kits and cycle tool kits
- Reflective clothing
- Bike reflectors