Results 1-5 of 5 for "cycle to work" segment:8095013
- Written Answers — Department of Finance: Departmental Schemes (23 Nov 2021)
Darren O'Rourke: 236. To ask the Minister for Finance the cost of the cycle to work scheme in 2019 and 2020; the number of persons who availed of it in each year; and if he will make a statement on the matter. [57029/21]
- Written Answers — Department of Finance: Departmental Schemes (23 Nov 2021)
Darren O'Rourke: 237. To ask the Minister for Finance the estimated cost of increasing the cycle to work threshold for bicycles from the current €1,250 to €1,500; and if he will make a statement on the matter. [57030/21]
- Written Answers — Department of Finance: Departmental Schemes (23 Nov 2021)
Darren O'Rourke: 238. To ask the Minister for Finance the estimated cost of increasing the cycle to work threshold for ebikes from the current €1,500 to €1,750 and from €1,500 to €2,000; and if he will make a statement on the matter. [57031/21]
- Written Answers — Department of Finance: Departmental Schemes (23 Nov 2021)
Darren O'Rourke: 239. To ask the Minister for Finance the estimated cost of extending the cycle-to-work scheme to self-employed persons; and if he will make a statement on the matter. [57032/21]
- Written Answers — Department of Finance: Departmental Schemes (23 Nov 2021)
Paschal Donohoe: I propose to take Questions Nos. 236, 237, 238 and 239 together. Section 118(5G) of the Taxes Consolidation Act 1997 (TCA 1997) provides for the Cycle-to-Work scheme. This scheme provides an exemption from benefit-in-kind (BIK) where an employer purchases a bicycle and associated safety equipment for an employee. Under section 118B TCA 1997 an employer and employee may also enter into...