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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 benefit will not be taxable. There are three limits, depending on the type of bicycle purchased. €3,000 on cargo and ecargo bikes; €1.500 on pedelecs and ebikes; €1,250 for ...
Cycle to Work. The Cycle 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 Cycle to Work Scheme allows an employer to buy a new bike and bike safety equipment up to a value of €3,000 for employees. Employees can then repay the purchase cost to their employer from their gross salary.
22 Φεβ 2022 · Government launched the Cycle to Work scheme in 2009 to encourage the use of bicycles for travel to and from work. The system allows for a civil or public service employer to incur the expense of providing an officer with a bicycle and bicycle safety equipment.
Using the Bike to Work scheme, your employer can help you obtain a brand new bike and safety equipment worth up to €1,250 for a regular bike, and up to €1,500 for an electric bike.
25 Μαΐ 2022 · Click apply online and enter your self-service User ID and password. Under the ‘employee schemes’ heading, select ‘Cycle to Work’. Complete the Cycle to Work eForm, using the information from your invoice. This will create a unique case ID when you have finished.
The Cycle to Work Scheme with Cyclescheme enables your employees to get 1 bike and selected accessories up to the value of €1,000, Income Tax, PRSI and USC free. Employers also make an Employer PRSI saving on each application.
