Do I qualify for cycle to work scheme?

If you are a working adult aged 16 or over, you are eligible to join Cyclescheme. Your employer needs to be signed up and your earnings should be more than the National Minimum Wage after the salary sacrifice is taken from your gross salary.

How much can I claim cycle to work scheme?

Big news! Cyclescheme is no longer capped at £1,000. Budding commuters can now save on the exact bike, components and accessories they need to cycle to work. So, your Cycle to work benefit is more relevant and accessible than ever!

How does the bike to work scheme work?

Employees cycle to Work Scheme. Using the Bike to Work scheme, your employer can help you obtain a brand new bike and safety equipment worth up to €1,000. You can use a salary sacrifice arrangement to save up to 51% of the retail price of bike and equipment. Read more about employees benefits.

What are the rules of the cycle to work scheme?

The cycle to work scheme is a salary sacrifice arrangement, to partake in the scheme you must: Earn at least minimum wage after the salary sacrifice has been taken from your pay Rule 2 – what does my employer have to do? To be able to join the cycle to work scheme your employer does need to register to join Cyclescheme.

Where can I get a bike for ride to work?

Evans Cycles is the UK’s largest specialist cycle and electric bike retailer and our Ride-to-Work scheme will give you access to our full range of quality bikes, clothing and equipment and a saving of up to 42% on the total value. To find out more watch our video or follow the link below. WHAT CAN I GET?

How does employer pay for bike to work?

Under the scheme an employer can pay for a new bicycle (including bicycle accessories) and the employee then repays the cost in regular instalments from their gross salary. You are not liable for tax, PRSI or the Universal Social Charge on your repayments.