Bike shops offering Cycle to Work Scheme
- Mon, 26 Jun 2017
Bike shops offering Cycle to Work Scheme
Taking to two wheels to travel in to the city is becoming increasingly popular among residents and workers in the capital. To this end, the Cycle to Work Scheme has been a blessing to many workers, saving them money on a new bike and accessories that go with owning one.
In 2009, the Cycle to work scheme was introduced saving cycling enthusiasts up to 52% on a bike and equipment. This is a tax incentive scheme set up to encourage more people to leave the cars behind and instead cycle to and from work.
How it works
The scheme sees employers pay for an employee’s bicycle and bicycle equipment with the employee then paying it back through their salary over an arranged period of time (up to 12 months). What’s great is that you are not liable for tax, PRSI or USC on repayments. Equipment must be purchased from an approved provider. Another aspect of this scheme is that you can’t buy the bike and equipment and get it reimbursed, your employer must purchase it for you. You can go in to the store, pick your bike, get an invoice for it, bring your invoice to your employer, they will pay for it, once payment goes through you can collect your new bike.
Approved providers in the DublinTown area include:
Cycleways is located on Parnell St offers the cycle to work scheme. The team are filled to the brim with knowledge about this scheme and can help you pick the bicycle that will suit your needs for your daily journey to work and back. You can also purchase your helmet, lights, hi-vis gear, raingear, water bottle, pump and everything else you will need for your new wheels.
On Amiens St, near Connolly Station, Shaka also offers the scheme, which they like to call bike to work! Bikes here come in all shapes, sizes and colours. The team can help you complete application in five easy steps and even without you leaving your home. Now isn’t that handy?!
The scheme is voluntary but must be made available to all employees and directors should a business decide to introduce it to their company.
You can find out more about this scheme on revenue.ie
What’s great about the bicycle shops listed is that they all offer service and repairs for your bikes. So don’t forget to book an appointment to make sure your bike stays road worthy. Check out our blog on 5 places to get your bike serviced in the city. Happy Cycling!