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KNOW YOUR RIGHTS: Bike to Work Scheme
Q: What exactly is the Bike to Work Scheme?
A: The Bike to Work or Cycle to Work Scheme means your employer will pay for a new bike and equipment to encourage you to cycle to and from work. You then repay the cost back through regular payments from your salary. You save because your repayments are not liable to tax, USC or PRSI.
Q: How do I buy a bike under the scheme?
A: Check with your employer first to see if they operate the scheme. They may allow you to select the bicycle and equipment from any shop, or only certain bicycles from specific shops.
Q: How much can I save?
A: You can save up to 52% of the retail cost of the bike and equipment if you pay the highest rate of tax.
Your repayments come out of your salary before tax, USC and PRSI are deducted.
Q: How much can I spend and what can I buy?
A: You can buy one new push bike and related equipment up to the max value of €1,250 or one new e-bike or pedelec (electrically-assisted bike) and related equipment to the max value of €1,500.
Q: How often can I get a new bike?
A: Once every four years. The four-year period between tax breaks is counted by tax year. As long as you bought your bike in 2018, regardless of what month it was, you can avail of the next tax relief in January 2022.
Q: Who owns the bike?
A: You do! You are fully responsible for the upkeep, safety and road worthiness of the bike upon completion of the sale. Therefore, it is recommended you get it insured in particular against theft.
Find out more about the Bike to Work Scheme on citizensinformation.ie, or you can call a member of the local Citizens Information Service in Kerry on 0818 07 7860. The telephone lines are staffed from 10am to 4pm from Monday to Friday. The National Phone Service is available on 0818 07 4000 Monday to Friday 9am to 8pm. Alternatively, you can email on tralee@citinfo.ie or log on to www.citizensinformation.ie.
News
Flesk Fest promises to be a great evening of fun
By Michelle Crean Glenflesk GAA are planning a fun filled evening of top class entertainment. The Flesk Fest takes place on Saturday July 16 at 4pm in The Kerryway Steakhouse […]
By Michelle Crean
Glenflesk GAA are planning a fun filled evening of top class entertainment.
The Flesk Fest takes place on Saturday July 16 at 4pm in The Kerryway Steakhouse & Bar.
Two exciting bands ‘All Folk’d Up’ and ‘Super Ceili’ will be playing and there’ll be plenty of fun and games and a delicious barbecue, raffle with some great prizes, and of course the ever popular Hang Tough Challenge!
“Please come out and support this great event! Tell your friends and we will make it a night to remember,” Seamus Healy from Glenflesk GAA said.
” Admission is only €15, and tickets are available from Mary McCarrick 087 7750773, Padraig O’Sullivan 087 0530384 or any club officer. They are also available in the Kerryway on the night.
News
Rising cycling star selected for Belgium Project
By Sean Moriarty Killarney cyclist Sam Bolger (18) has been selected as one of four riders for the Belgian Project – one of the most prestigious stepping stones for Irish riders […]
By Sean Moriarty
Killarney cyclist Sam Bolger (18) has been selected as one of four riders for the Belgian Project – one of the most prestigious stepping stones for Irish riders with ambitions to turn professional.
Northern Ireland-based Belgian Danny Blondell is the man behind the project.
For the last 15 years Blondell selects between four and six Irish riders and sends them to Belgium where they stay with local families and contest pro and semi-pro races.
As a race commentator Blondell is well placed to decide who is deserving of inclusion in the project.
Over the first six months of the year he makes decisions while attending early season races.
Those lucky enough to get selected go to live and race in Belgium for the second six months of the year.
Bolger, from Lewis Road, was selected after winning the junior race in the Cycling Ireland National Road Series in Mayo in March and the Orwell Stage Race in County Wicklow in June.
“He is delighted, it is a very big deal,” his father Paul told the Killarney Advertiser.
“He has had a very good year and the wins in Mayo and Wicklow secured the Belgium Project.”
Bolger will head to Belgium in late July and after to the Junior Tour of Ireland which takes place in County Clare between July 12 and 17.
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