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Cycle to work scheme


Welcome to Cycle to work scheme, we are here to help you take advantage of the recent Government initiative offering tax free bikes for cycling to work.

Using the Cycle to work scheme, your employer can help you obtain a brand new bike and safety equipment worth up to 1,250 euro. For pedelecs or ebikes and related safety equipment the limit is €1,500. You can use a salary sacrifice arrangement to pay for the bike monthly and that means you can save up to 52% of the retail price of bike and equipment. Your employer also makes savings to encourage them.

What are the benefits to the employee

There are a host of benefits available to employees should their workplace choose to launch a cycle to work scheme, these include:

Huge savings on bikes and accessories

  • Employees will qualify for a saving of up to 52% off the retail cost of bikes and accessories. Monthly payments with no finance charges.
  • Make your salary go further each month.
  • Save on monthly fuel, parking, car and train fare bills.

 The following new safety equipment, if purchased with the bicycle, are also covered:

cycle helmets

bells and bulb horns

lights, including dynamo packs

mirrors and mudguards

cycle clips and dress guards

panniers, luggage carriers and straps

locks and chains

pumps, puncture repair kits, cycle tool kits and tyre sealant

reflective clothing, white front reflectors and spoke reflectors

Huge Selection of Brands

Cycle to work scheme are able to offer employees a huge choice of different brands, these include mountain bikes, hybrids and road bikes to name a few. We can also supply all the necessary accessories and cycling equipment through our network of dealers, to ensure employees are safe when riding to work. Visit our Facebook page to see the latest offers – Click Link – WallsCycles-Facebook

Get Fit

Enjoy the health benefits of commuting to work.

Your Employer saves money too

There are savings to be made for Employers too, PRSI savings, reduced parking problems, savings in parking tax, and a healthier, fitter workforce. We have a full information pack for your employer which will tell them all about how the scheme operates. They can even download it from this site. Our frequently asked questions should cover most queries on the general running of the scheme, and you can use our partner finder to see where your nearest participating shops are.

How do I get a bicycle?

You will need to ask your employer if they operate the scheme and their requirements. They may allow you to select the bicycle and equipment from any shop, or only certain bicycles from specific shops.

More detailed information can be found here on Revenue websiteplease Click HERE. 


Example savings*
Higher rate taxpayer: 40% Tax + 7% PRSI + 4% Levies = 51% 
Cost of bike and accessories €250 €500 €750 €1000
Tax relief saving 51% 51% 51% 51%
Tax relief saving €128 €255 €383 €510
Net Cost €123 €245 €368 €490
Cost split over 12 months €10 €20 €30 €40
Basic rate taxpayer: 20% Tax + 7% PRSI + 4% Levies = 31%
Cost of bike and accessories €250 €500 €750 €1000
Tax relief saving 31% 31% 31% 31%
Tax relief saving €78 €155 €233 €310
Net Cost €173 €345 €518 €690
Cost split over 12 months €14 €29 €43 €58