Bike to Work

Using the Bike to Work scheme,
your employer can help you obtain a brand new bike and safety equipment worth up to 1,000 euro
/Bike to Work

CALL US NOW ON 01 561 0638 FOR AN INVOICE!

cycle to work scheme ireland bike to work tax incentive

TWO WHEELS GOOD | FOUR WHEELS BAD!

Using the Bike to Work scheme, your employer can help you obtain a brand new bike and safety equipment worth up to 1,000 euro.

You can use a salary sacrifice arrangement to pay for the bike monthly and that means you can save up to 51% of the retail price of bike and equipment.

Save up to 52% of the cost of your new bike and accessories at BikesOrBicycles.com

Simply put:

Workers in the higher tax bracket save 52%
Workers in the lower tax bracket save 31%

HOW MUCH CAN I SAVE?

Total

WE CAN WORK IT OUT…

Want an estimate of how much you could save by availing of the Bike to Work Scheme? Simply select your tax rate from the dropdown in our calculator, slide the value to match how much you think you’ll need to spend and your approximate savings appear like magic!

Just hit the CALCULATE button to contact us for more details and you could saving money, reducing calories and shrinking your carbon footprint all in one go

Actual savings will depend on each individuals personal circumstances. Our calculation is based on a typical example of savings possible as both a Basic Rate taxpayer (20%) and a Higher Rate taxpayer (40%)

FREQUENTLY ASKED QUESTIONS

Find out more about our Cycle to Work scheme and how you could have a brilliant new bike for much less than you might have thought!

Its so easy!

      1. Drop in and have a chat with us about which bike would best suit you
      2. Once you’ve found your dream bike we will give you an invoice for the bike and accessories
      3. Give the invoice to your employer
      4. Once we have received payment you can come and collect your new bike!
      5. Over the next year your employer will deduct the cost from your gross wage over an agreed period of time

Simple!

  • Cycle Helmets
  • Bells
  • Lights, including dynamo packs
  • Mirrors and mudguards to ensure riders visibility is not impaired
    Cycle clips and dress guards
  • Panniers, luggage carriers and straps to allow luggage to be safely carried
    Locks & Chains
  • Pumps, puncture repair kits, cycle tool kits and tyre sealant to allow for minor repairs
  • Reflective clothing along with white front reflectors and spoke reflectors

Using the Cycle to Work scheme, your company can purchase a brand new bike and safety equipment worth up to €1,000 Tax Free, for your employees.

You can use a salary sacrifice arrangement to allow your employees to pay for the bike over an agreed amount of time up to 12 months. This means that the employees saves between 31% – 51% (depending on tax rate) of the retail price of bike and equipment but your company also makes a saving of 10.75%.

Why not consider running it within your business IT CAN SAVE YOU MONEY!

MORE QUESTIONS?

Drop into us anytime at 47 Upper Clanbrassil Street, or feel free to give us a call on 01 561 0638

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