Ireland introduces cycle-to-work scheme
Ireland is to introduce a cycle-to-work scheme (BikeRadar)
From the start of 2009, the
Workers will be given tax relief on a bike
and equipment. Unlike the
The scheme, which will be launched on January 1, will be limited to one application every five years per person, and employees will be limited to a total spend of 1,000 euros, including equipment such as a helmet, lights and lock. Brands expected to participate include Trek, Dawes and Giant.
The Irish scheme is part of a government strategy to increase cycling levels from two percent to 10 percent by 2020.
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chuckcork
Posted Mon 4 May, 10:33 am UTC Flag as inappropriate
This is rather pathetic, €1000 for a bike every 5 years is a fairly pathetic €200 a year. A cyclist doing a reasonable mileage would need a bike at near a grand anyway, let alone the extra expense of maintaining it and replacing obvious consumables like tyres, tubes, chains etc.
Given that Irish prices for everything are inflated compared to the UK, the average Irish cyclist would be better off financially just buying from the UK and not getting a salary reduction, my £720 bike that I bought from a British retailer would have cost me €1500 in Ireland!
If they really wanted to make a statement they would have been better simply to reduce VAT from the exhorbitant 21.5% levied now!!
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