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Financial Resolution No. 14: EXCISE — Mechanically Propelled Vehicles (14 Oct 2008)

Kathleen Lynch: ...written this paragraph in the Budget Statement. It states: From 1 January 2009, the provision of bicycles and associated safety equipment by employers to employees who agree to use the bicycles to cycle to work will be treated as a tax exempt benefit-in-kind. The exemption may only apply once in any five year period in respect of any employee. There will be a limit on the value of such...

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