How does it work

It couldn’t be simpler.

The Scheme enables an employee to get a bike and accessories of up to €1,000 in value tax free once every 5 years through their employer.

  • Step 1. Check that your employer is registered for the Cycle to Work Scheme.
  • Step 2. Come to see us and choose the right bike for you from our wide range. We then give you an invoice to present to your employer.
  • Step 3. Your employer pays for your bike (and accessories) by cheque, bank transfer or voucher.
  • Step 4. Collect your bike (and accessories)
    Higher Rate Taxpayer: 41% tax + 4% PRSI + 7% USC = 52%
    Bicycle & Accessory Purchase €250 €500 €750 €1000
    Tax Relief Saving % 52% 52% 52% 52%
    Tax Relief Saving €136 €260 €390 €520
    Net Cost  ( What you pay ) €120 €240 €360 €480
    Cost split over 12 months; €10 €20 €30 €40