Written answers
Wednesday, 16 September 2009
Department of Enterprise, Trade and Employment
Departmental Programmes
9:00 pm
David Stanton (Cork East, Fine Gael)
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Question 221: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the cost of administering the cycle-to-work scheme in her Department in 2009; and if she will make a statement on the matter. [31710/09]
Mary Coughlan (Donegal South West, Fianna Fail)
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There is no discernible cost to this Department's vote in administering the cycle to work scheme. The bicycles and equipment are paid for by way of salary sacrifice by those acquiring the bicycles. There would be minor costs in processing forms and in carrying the up-front costs until such time as those are offset by the gradual deductions from salary. Neither of these is quantifiable. The only material cost of the scheme to the State is the exemption from income tax, PRSI or levies on that part of an employee's salary foregone in the purchasing of a bicycle and bicycle safety equipment under the scheme.
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