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Results 1-2 of 2 for "cycle to work" segment:8209551

Written Answers — Department of Finance: Departmental Data (24 Mar 2022)

Holly Cairns: 191. To ask the Minister for Finance the cost of allowing the cycle to work scheme to cover the purchasing of child seats or trailers annually; and if he will make a statement on the matter. [15741/22]

Written Answers — Department of Finance: Departmental Data (24 Mar 2022)

Paschal Donohoe: Section 118(5G) of the Taxes Consolidation Act 1997 provides for the cycle to work scheme. This scheme provides an exemption from benefit-in-kind where an employer purchases a bicycle and associated safety equipment up to a maximum of €1,500 for e-bikes and €1,250 for other bicycles for an employee to use, in whole or in part, to travel to work. These thresholds were increased...

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