Ireland introduces cycle-to-work scheme
Workers to get tax relief on purchases up to 1,000 euros
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.
