Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Yes, the figures we have for the bike to work scheme are currently an estimate that my Department prepares in conjunction with the Revenue Commissioners. In section 8, which we will be coming to in a moment, we are looking at how greater information could be provided with regard to the availing of reliefs. If we have an indication that the cost of the scheme is growing in any way, under section 8 of the Finance Bill we could in the future require that access to the scheme becomes a reportable benefit. We would then have detailed information on the drawdown.

The Deputy's second question was about what would happen if a person is laid off in the way he is just described. I am informed that that is an arrangement between the employer and the employee. The scheme would potentially have to be renewed in the way the Deputy has just described. It has not been flagged to me as being a significant issue in the operation of the scheme over the past number of years. If the Deputy has any information about it being a regular issue that is coming up, I would be happy to look at it for him.