CYCLE TO WORK SCHEME AVAILABLE!
SAVE UP TO 51%
GET BACK IN SHAPE
GET YOUR DREAM BIKE
The Cycle to Work Scheme (generally known as the Bike to Work Scheme) is a tax incentive scheme to encourage employees to cycle to work. Under the scheme an employer can pay for a new bicycle (including bicycle accessories) and the employee then repays the cost in regular instalments from their gross salary.
The scheme applies to bikes and equipment up to the value of €1,250 and ‘e-bikes’ and related safety equipment up to the value of €1,500 every 4 years. Depending on an individual's personal tax band, this could allow the employee to save between 31% and 51% of the cost, repayments over a period range from 1-12 months through a salary sacrifice arrangement.