Cycle To Work Scheme Ireland

Tax-free bikes for work

Simply select a bike shop near you & click to contact them; they will do the rest at no administration cost to you for participating in the scheme.

The bike shop will also receive the full cost of the bike & will not be subject to commission for taking part.

IMPORTANT

You are legally entitled to buy a bike from any tax compliant shop in Ireland, click the application on the home page to receive a free copy of the LAW.

THE SCHEME IS FOR EVERY TAX PAYER IN THE COUNTRY, SOME EXTRACTS FROM THE GOVERNMENT BILL (LEFT)......SOME PEOPLE ARE BEING FORCED TO BUY THROUGH 3rd PARTY AGENTS WHO CHARGE A FEE FOR DOING SO.

Extracts From Government Rules

Provision of Bicycles for Directors and Employees
- Exemption from Income Tax in respect of
Benefit-In-Kind December 2008

9.6 Can a bicycle be bought anywhere, e.g. online from abroad, or will it have to be bought in Ireland or from a pre-approved selection of shops?
There are no limits as to where the bicycle should be purchased by the employer.

9.9 How will the exemption operate? Does an employer have to notify Revenue that they are providing bicycles/safety equipment for directors and employees? What kind of documentation is required?
There will be no notification process involved but the purchase of bicycles and associated safety equipment by employers for directors and employees will be subject to the normal Revenue audit procedure with the normal obligations on employers to maintain records (e.g. delivery dockets, invoices, payments details, salary sacrifice agreements between employer and employee, signed statements from employees that the bicycle/bicycle safety equipment is for own use and will be used for travelling to and from work).