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Results 1-2 of 2 for "cycle to work" segment:8385380

Written Answers — Department of Finance: Cycling Policy (11 Oct 2022)

Josepha Madigan: 260. To ask the Minister for Finance if his Department is considering the expansion of the cycle-to-work scheme to the self-employed; and if he will make a statement on the matter. [49507/22]

Written Answers — Department of Finance: Cycling Policy (11 Oct 2022)

Paschal Donohoe: 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 up to a maximum of €1,250 (€1,500 in the case of e-bikes), for an employee to use, in whole or in part, to travel to work. Safety equipment includes...

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