Tag Archives: BIK

The Department of Transport’s 2009 National Transport Policy Framework has an ambitious target to get 10 per cent of all commuters cycling by 2020 – aided by tax incentives under the Cycle to Work Scheme, which IBBA says resulted in the sale of 90,000 bicycles between 2009 and 2011.

Under the scheme, employers can buy a bike up to €1,000 for employees to cycle to work and recover the cost from the employees’ pre-tax salary over the next 12 months.

With no benefit-in-kind taxation, employees can save up to 52 per cent of the cost of the bike.


And then it gets nicked.

Number Of Cycling Commuters Rises Dramatically (Frank McDonald, Irish Times)

(Sam Boal/Photocall Ireland)