Gerald Nash (Louth, Labour)
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422. To ask the Minister for Transport, Tourism and Sport the estimated costs associated with expanding the bike to work scheme or a similar initiative to include students in higher education; and if he will make a statement on the matter. [20252/21]

Eamon Ryan (Dublin Bay South, Green Party)
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As the Deputy may be aware, tax policy including the Cycle to Work scheme is a matter for my colleague, the Minister for Finance, in the first instance. I very much welcomed the announcement of increased thresholds under the existing Cycle to Work Scheme as part of the 2020 July Stimulus package. The increases are in line with the commitment made in the Programme for Government.

To address the Deputy's question regarding plans to expand the scheme, and noting the Minister for Finance’s responsibilities in the area, I believe the issue can be considered more fully in the context of my Department’s review of Sustainable Mobility Policy which is currently ongoing. I intend that the new policy framework will provide a strategic backdrop to the increased investment planned by this Government across the sustainable mobility programme, including active travel, and look forward to the completion of this important work in 2021.