SAVE UP TO 52% off YOUR Electric BIKE by USING THE CYCLE TO WORK SCHEME!

The Cycle to Work Scheme is a Government incentive designed to give Employers the opportunity to offer their Employees big savings when purchasing an Electric Bike up to the value of €1,500 (any balance above this has to be paid by employee)

You can avail of the scheme once every four years for the purposes of primarily commuting to work. thereby contributing to lowering carbon emissions, reducing traffic congestion and improving health and fitness levels.

Purchasing an eBike for €1,499 ?

If on the 40% tax rate you will pay roughly €750 or €2 per day over 12 months.

If on the 20% tax rate you will pay roughly €1,080 or €3 per day over 12 months.

Purchasing an eBike for €1,899 ? (limit €1,500)

If on the 40% tax rate you will pay roughly €750 over 12 months & €399 up front.

If on the 20% tax rate you will pay roughly €1,080 over 12 months & €399 up front.

Yourself and your Employer will set up a 'Salary Sacrifice' where the arranged repayment amount will be deducted from your gross salary (this means before income tax, PRSI, pension levies or Universal Social Charge are deducted). 

These deductions can be made weekly, fortnightly or monthly depending on your salary payment arrangement's. Your employer can also buy the bicycle on your behalf and not require you to pay for it.

1. Massive saving on cost per km travelled compared to an average family car. For the price of 1 litre of petrol a car will cover 12km, while in comparison an electric bike can cover between 500 - 1000km for the same cost (€2)

2. E-Biking makes the daily commute more manageable by effectively flattening hills cutting out headwinds allowing the rider to travel longer distances and arrive in work without the sweat and tiredness of cycling a regular bicycle.