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Results 1-2 of 2 for "cycle to work" segment:8551794

Written Answers — Department of Finance: Transport Policy (22 Mar 2023)

Patrick Costello: 93. To ask the Minister for Finance the number of applications under the cycle-to-work scheme in 2022 and to date in 2023; if he will provide a breakdown between the number of bicycles, pedelecs, e-bikes, and e-cargo bikes; and if he will make a statement on the matter. [14058/23]

Written Answers — Department of Finance: Transport Policy (22 Mar 2023)

Michael McGrath: I propose to take Questions Nos. 93 and 94 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 to use. There are three limits, depending on the type of bicycle purchased, which include...

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