Bike to Work Scheme

ENQUIRY FOR CYCLE TO WORK SCHEME

The Cycle to Work Scheme in Ireland encourages employees to adopt a healthier and more sustainable commuting option by providing tax incentives for purchasing bicycles and related accessories. This initiative allows employees to save money on a new bike for commuting purposes, making it an eco-friendly and cost-effective choice.

Save up to 50% on the cost of your eBike with the Cycle to Work Scheme.

For additional information, feel free to call us or use the quotation form to get in touch.

Please fill in the fields below for a free "Cycle to Work" quotation.

You can save up to €800!

Thank you for your inquiry. Your price quotation is available upon form submission. We appreciate your cooperation and interest in Giant Bikes!

Frequently Asked Questions

How do I apply for Cycle to Work Scheme?

1. In the initial step, you select your bicycle and accessories either in-store or online, thereby determining the exact amount for which you wish to apply.

2. In the second step, you can inform us of your selections, and we will prepare a quotation for you. This quotation can then be directed to your employer as necessary.

3. In the final step, once your employer has approved your application and made the payment to our bank account, your bike will be available for collection or delivery to your chosen address according to your preference.

How do I save money on the Cycle to Work Scheme?

As an employee you save on the costs of cycling to work because your repayments come out of your salary before tax, USC and PRSI are deducted. This means that someone on the highest rate of tax will save almost half of the cost of a new bike and equipment.

How much can I spend on the Cycle to Work Scheme?

There are 3 limits depending on the type of bike you bought. The limit (including related safety equipment) is:

€3,000 for cargo and e-cargo bikes.
€1,500 for pedelecs and e-bikes.
€1,250 for other bicycles.

From 1 August 2020 to 31 December 2022 the limit for cargo and ecargo bikes was €1,250 and €1,500 respectively.

Note: A cargo bicycle is a bicycle with a special purpose frame which has been designed to carry heavy loads, or passengers other than the rider. A container or a platform may be integrated into, or attached to, this frame in front of, or behind, the rider. An e-cargo bicycle is a cargo bicycle with a pedelec configuration. A bicycle cannot be converted into a cargo bicycle by simply attaching a container or a trailer. The frame must be specially designed to carry large or heavy loads or passengers.

How often can I benefit from Cycle to Work scheme?

As an employee, you can use the scheme once every 4 years. The four-year span between tax breaks is counted by tax year. If you bought a bike in 2020, regardless of the month, you could buy a new bike and avail of the next tax relief in January 2024.

What equipment does the Cycle to Work Scheme cover?

The scheme covers the following items, which must be bought as new (not second-hand):

New bikes and pedelecs (electrically assisted bikes that require some effort to propel), Cycle helmets, Bells and bulb horns, Lights (including dynamo packs), Mirrors, Mudguards and skirt guards, Cycle clips, Panniers, luggage carriers and straps, Locks and chains, Pumps, Puncture repair kits, cycle tool kits and tyre sealant, Reflective clothing, Bike reflectors

*Child seats, helmets and trailers are not included.

Note: The scheme does not include motorbikes, mopeds, scooters or second-hand bicycles or equipment or bicycle parts or associated equipment.

Approximate Cycle to Work Scheme Calculator

Giant Store Dublin

Call Us: 01 429 9885 or Visit Us;

Giant Store Cork

Call Us: 021 428 9596 or Visit Us;