Results 1-19 of 19 for "cycle to work" speaker:Brian Lenihan Jnr

Written Answers — Cycle to Work Scheme: Cycle to Work Scheme (6 Oct 2010)

Brian Lenihan Jnr: The cycle to work scheme came into operation on 1 January 2009. With a view to keeping the scheme simple and reducing administration on the part of employers, there is no notification procedure for employers involved. Accordingly, the Revenue Commissioners do not have statistics on the uptake of the scheme. The scheme operates on a self-administration basis, and relief is automatically...

Written Answers — Cycle to Work Scheme: Cycle to Work Scheme (5 Oct 2010)

Brian Lenihan Jnr: The cycle to work scheme is a tax incentive aimed at encouraging employees to cycle to work. It provides for an exemption from a benefit-in-kind charge in circumstances where an employer provides a director or employee with a bicycle and/or associated bicycle safety equipment where they will be used mainly for qualifying journeys, being journeys between home and place of work or between two...

Written Answers — Cycle to Work Scheme: Cycle to Work Scheme (29 Sep 2010)

Brian Lenihan Jnr: ...is, therefore, possible for a person to be subject to a benefit-in-kind income tax charge in respect of a company car, and also to qualify for the benefit-in-kind exemption for a bicycle under the cycle-to-work scheme. The cycle to work scheme is subject to Revenue audit procedures with the obligation on employers to maintain all relevant records — delivery dockets, invoices, payments...

Written Answers — Cycle to Work Scheme: Cycle to Work Scheme (29 Sep 2010)

Brian Lenihan Jnr: The cycle to work scheme came into operation on 1 January 2009. With a view to keeping the scheme simple and reducing administration on the part of employers, there is no notification procedure for employers involved. Accordingly, the Revenue Commissioners do not have statistics on the uptake of the scheme. The scheme operates on a self-administration basis, and relief is automatically...

Written Answers — Departmental Programmes: Departmental Programmes (25 May 2010)

Brian Lenihan Jnr: The cycle to work scheme came into operation on 1 January 2009. With a view to keeping the scheme simple and reducing administration on the part of employers, there is no notification procedure for employers involved. Accordingly, the Revenue Commissioners do not have statistics on the uptake of the scheme by employers or employees. The scheme operates on a self-administration basis, and...

Written Answers — Cycle to Work Scheme: Cycle to Work Scheme (16 Feb 2010)

Brian Lenihan Jnr: The cycle to work scheme came into operation on 1 January 2009. With a view to keeping the scheme simple and reducing administration on the part of employers, there is no notification procedure for employers involved. Accordingly, the Revenue Commissioners do not have statistics on the uptake of the scheme. The scheme operates on a self-administration basis, and relief is automatically...

Written Answers — Departmental Schemes: Departmental Schemes (7 Oct 2009)

Brian Lenihan Jnr: My Department is taking parting the cycle to work scheme together with the following bodies under the aegis of my Department: Office of the Revenue Commissioners Office of Public Works State Laboratory Public Appointments Service Commission for Public Service Appointments Valuation Office Office of the Ombudsman I have been informed by the NTMA that there are plans to have the scheme in...

Written Answers — Departmental Programmes: Departmental Programmes (16 Sep 2009)

Brian Lenihan Jnr: There is no discernible cost to this Department's vote in administering the cycle to work scheme. The bicycles and equipment are paid for by way of salary sacrifice by those acquiring the bicycles. There would be minor costs in processing forms and in carrying the up-front costs until such time as those are offset by the gradual deductions from salary. Neither of these is quantifiable. The...

Written Answers — Departmental Schemes: Departmental Schemes (18 Jun 2009)

Brian Lenihan Jnr: The cycle to work scheme came into operation on 1 January 2009. With a view to keeping the scheme simple and reducing administration on the part of employers, and following the model of the related travel pass scheme, there is no notification procedure for employers to indicate to the Revenue Commissioners that they are operating the cycle to work scheme. In view of this, the Revenue...

Written Answers — Departmental Schemes: Departmental Schemes (28 May 2009)

Brian Lenihan Jnr: ...the scheme including a series of Questions & Answers provided by the Revenue Commissioners can be found at: http://www.revenue.ie/en/practitioner/law/bik-exemption-for- bicycles.pdf. Circular 16/2009 Cycle-to-work relating to implementation in the civil service has just issued and may be viewed on www.finance.gov.ie. OPW advertised last week for expressions of interest from vendors of...

Written Answers — Departmental Schemes: Departmental Schemes (28 Apr 2009)

Brian Lenihan Jnr: I assume the Deputy is referring to the cycle to work scheme that became available from 1 January this year. There is no provision in the tax code that imposes a duty of care on employers toward employees who participate in the scheme. Such issues are a matter for agreement between each employer and its participating employees. Accordingly, the circular implementing the cycle to work...

Written Answers — Departmental Programmes: Departmental Programmes (22 Apr 2009)

Brian Lenihan Jnr: The cycle to work scheme came into operation on 1 Jan 2009. The purposes of the scheme are to encourage more employees to cycle to and from work, to contribute to lowering carbon emissions, to help reduce traffic congestion, and to help improve health and fitness levels. The scheme allows an employer to provide an employee with a bicycle (including an electrically assisted bicycle) and cycle...

Written Answers — Departmental Schemes: Departmental Schemes (10 Mar 2009)

Brian Lenihan Jnr: The purchasing of bicycles under the cycle to work scheme must be in compliance with procurement regulations. My Department is currently in discussions with the Government Supplies Agency on how the proposed scheme might be put into operation and the correct procurement procedures put in place. A circular will issue once an appropriate tendering system is in place. My Department and the...

Written Answers — Departmental Schemes: Departmental Schemes (19 Feb 2009)

Brian Lenihan Jnr: I propose to take Questions Nos. 100 and 102 together. My Department is considering the detailed arrangements that will be required to implement the cycle to work scheme provided for under Section 7 of the Finance (No.2) Act 2008, and is currently in discussions with the Government Supplies Agency on how the proposed scheme might be put into operation and the correct procurement procedures...

Written Answers — Departmental Schemes: Departmental Schemes (9 Dec 2008)

Brian Lenihan Jnr: I announced the introduction of the Cycle to Work Scheme in Budget 2009. The aims of the scheme are to help lower carbon emissions, reduce traffic congestion, encourage more employees to cycle to and from work, and improve health and fitness levels. Participation in the scheme is voluntary for employers. As such, it is a matter for employers to decide whether to make the scheme available to...

Written Answers — Departmental Schemes: Departmental Schemes (2 Dec 2008)

Brian Lenihan Jnr: I assume the Deputy is referring to the Cycle to Work Scheme that I announced in the Budget and its compatibility with the existing Travel Pass Scheme. There is no prohibition on participating in both schemes in the same tax year. However, employers must be satisfied that the bicycle will be used for cycling to and from work or between workplaces. It should be noted that participation in...

Written Answers — Departmental Schemes: Departmental Schemes (2 Dec 2008)

Brian Lenihan Jnr: I announced the introduction of the Cycle to Work Scheme in Budget 2009. The purpose of the scheme is to encourage more employees to cycle to and from work, to contribute to lowering carbon emissions, to help reduce traffic congestion, and to improve health and fitness levels. The scheme allows an employer to provide an employee with a bicycle and cycle safety equipment as a benefit of their...

Written Answers — Tax Collection: Tax Collection (5 Nov 2008)

Brian Lenihan Jnr: ...deduction for self-employed persons in respect of costs incurred by them in relation to travelling to and from their place of business. This general principle will remain unchanged. The aims of the cycle to work scheme are to help reduce traffic congestion and environmental pollution and to promote healthy lifestyles. It will be open to all employers, both large and small. The scheme can...

Written Answers — Departmental Schemes: Departmental Schemes (4 Nov 2008)

Brian Lenihan Jnr: The cycle to work scheme will come into operation on 1 January 2009. Full details of the scheme will be provided in the Finance Bill which will be published on 20 November 2008. Electric bicycles or any type of mechanically powered bicycles will not be eligible for the scheme.