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The calculator includes your ownership fee.Your employer has registered with Cyclescheme. Next, inform your employer of this choice. If you are self-employed you are notentitled to avail of the Bike to Work Scheme unless you pay PRSI as an employeein addition to your self-employed work.The scheme covers the following items, which must be purchased as new (notsecondhand):The scheme does not include motorbikes, mopeds, scooters or electric-bikeconversion kits.You can choose your bike by visiting a bike shop and selecting the bike andequipment that you want to buy.

Login Due to unprecedented cycling demand, bike stock is very low across the country.
These deductions can be made weekly,fortnightly or monthly depending on your salary arrangements.You must sign a written agreement stating that the bike is for your own useand you will use it for what the Revenue Commissioners consider qualifyingjourneys: getting to and from work.The Cycle to Work Scheme (generally known as the Bike to Work Scheme) is atax incentive scheme to encourage employees to cycle to work. Get Involved With The Bike2Work Scheme & Find Out About Your Employee Benefits. Find out how you much you could save on a brand new bike with our Cycle2Work scheme calculator. Employers cycle to Work Scheme. You don't pay Income Tax, PRSI or USC on the cost of your chosen bike package so can save up to 52% on the retail cost. Use the Cyclescheme Savings Calculator to get an idea of how much you might save! As an employee you save on the costs of cycling to work because yourrepayments come out of your salary before tax, USC and PRSI are deducted. Cyclescheme savings can vary but the great news is that our calculator offers very accurate savings forecasts. Monday to Friday 8.45am to 5.00pm. Thismeans that someone on the highest rate of tax will save almost half of the costof a new bike and equipment.Your employer does not have to take part in the scheme. We are currently performing some scheduled maintenance.

Theemployer will then pay the bike shop or supplier for the bike and equipmentdirectly. Tax is complicated; the cycle to work scheme is not. The five-yearspan between tax breaks is counted by tax year.

- Bike 2 Work The Cycle to Work Scheme (generally known as the Bike to Work Scheme) is a tax incentive scheme to encourage employees to cycle to work. Find Out More Online Here! You're all set to start your application.Over 2,000 retailers - in-store, online and click & collect.Search for your employer to ensure accuracy.Encourage a healthier workforce, and reduce your tax bill.Cyclescheme savings can vary but the great news is that our calculator offers very accurate savings forecasts.Add the values you'd like to spend - you must add a value to at least one of the categories for the calculator to work.There will be no additional fees to pay.Enter your details to see how much you could save.How to save money & spread the cost on a new bike.Use our advanced calculator to see how much you could save on a new bike. Get started today and save up to 42% off a new bike! By availing of the Cycle to Work benefit with Cyclesheme you can get 1 bike and/or selected safety equipment up to the value of €1,000.