Cycle to Work Scheme

The Cycle to Work Scheme is a tax-efficient, salary-sacrificed employee benefit that provides a way of encouraging more adults to take up cycling, by using a cycle for commuting purposes. Employers can help employees obtain a brand new bike and safety equipment worth up to 1,500 euro. Employees can use a salary sacrifice arrangement to pay for the bike monthly and that means they can save up to 52% of the retail price of bike and equipment. The employer also makes savings to encourage them.

Under the scheme, employers buy cycling equipment from suppliers approved by their scheme administrator, on behalf on employees. The employee then repays the employer over a period of 12 months max, saving up to 52% of the purchase price.

Why run a Cycle to Work scheme?

  • The fastest growing and most sought after employee benefit in Ireland.
  • Free scheme implementation for employers
  • There are no catches or hidden costs for you or your employees.
  • Easy to implement and manage
  • Offers a highly valued benefit to employees.

Employee Benefits

  • Keep fit and healthy
  • Reduced commuting costs
  • Helps beat congestion
  • Reduced carbon footprint

Employer Benefits

  • PRSI savings
  • Reduced parking problems
  • Enhances benefit packages
  • Healthy staff

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Fully Automated Online
Application Process

  • Secure web portal, self service for employees.
  • No administration for employers.
  • Ireland’s number one provider.

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