Cycle-to-work is a Government tax incentive aimed at encouraging employees to use bikes for cycling to work. It covers bicycles and accessories up to €1,000. If employee is on the top rate tax and full €1,000 is spent, a saving of €470 can be made.
The employer will also benefit in that employer’s PRSI is not payable on the cost of the bicycle and/or safety equipment.
Participating in the bicycle scheme is easy. If Employer decides to take part, they simply buy the bike and equipment on employees behalf.

• Regular cyclists are as fit as an average person 10 years younger
• Cycling is the fastest way to get around town
• you can park right outside your destination
• lower carbon footprint on environment
• Lower travel costs

• Create a healthy workforce - greater productivity and lower rates of absenteeism due to illness
• cyclists tend to be more punctual employees as they don't bother about traffic jams, road works...
• No problems with car parking space for your employees – 10 bikes take same space as 1 car
• Support a greener environment, contribute to lowering carbon emissions

You can read more on Government Site: www.bikescheme.ie

Every salaried employees who are Irish taxpayers.