Search for "cycle to work" segment:8338551 (KildareStreet.com)

Written Answers — Department of Finance: Tax Data (13 Jul 2022): Gerald Nash: 166. To ask the Minister for Finance the estimated cost of introducing a cycle to school scheme based on the cycle to work scheme in which a parent can claim back the cost of one bicycle per child through their salary; and if he will make a statement on the matter. [38674/22]
Written Answers — Department of Finance: Tax Data (13 Jul 2022): Paschal Donohoe: I propose to take Questions Nos. 137, 138 and 166 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. The work scheme operates on a self-administration basis. Relief is...

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