On 1 January 2009 a new government scheme to encourage people to cycle to work came into force. Cycling keeps you fit, it’s fast, cheap and reliable – and it’s good for the environment.

The bike scheme covers bicycles and accessories up to a maximum cost of €1,000. The bicycle must be purchased by your employer but the scheme can then operate either with your employer bearing the full cost of the bicycle, or by way of a salary sacrifice agreement (like the existing travel card scheme) in which you pay for it, tax free, over 12 months.

Participating in the bicycle scheme is easy. If your employer decides to take part, they simply buy the bike and equipment on your behalf and off you go. Its is up to you and your employer to decided whether they buy the bike outright for you or whether you pay for it via ‘salary sacrifice’. Either way you save on tax.

The scheme is flexible in its application in that your employer doesn’t have to specifically notify the Revenue Commissioners that you’re availing of the scheme and there are no Government forms to fill out. However, your employer does have to maintain the normal records such as invoices and payment details associated with buying the bike.

We are on the official cycle to work supplier list for the OPW  and are able to supply the Public sector as well as private sector employees. Please note that the official Cycle-to-Work Scheme information page is now located at:http://www.procurement.ie/suppliers/contracts/78

We have partnered with both Biketowork Ltd and  Cyclescheme.ie, however when buying a bike we prefer to deal with companies directly, it is much more straightforward, which means you get your bicycle and accessories faster,  and we will add in free services to your purchases for the next 12 month when dealing with us directly!