Bike to Work Scheme

Bike to Work Scheme

Since its inception in 2009, the Green Party’s Bike to Work initiative has been embraced and promoted at The Bikerack.

We welcome any and all enquiries about the scheme.

In brief, anyone paying PAYE & PRSI is entitled to a tax break worth up to 52% when buying a bike and/or accessories/clothing. That’s a saving of at least 32% and up to 52% off all your bike to work purchase.

Your employer will also make savings on their PRSI contribution. Please call us and let us remove the mystery from what is essentially a very straightforward money saving opportunity for both the employee and employer.


The Scheme

5-year eligibility if you availed of the cycle to work scheme in 2009 or 2010, you are eligible to re-apply for the scheme, no matter what month your original application was made. The great news is that you can still get a new bike and/or selected safety equipment for you to use to cycle to work up to the value of €1,000.

You still make the same great savings of 31% - 52% on the cost of the bicycle and/or accessories and your employer also makes a saving on their employer PRSI. So, why not make the most of your new lifestyle and get a brand new bike and/or accessories for commuting to work and save more money.


How it Works

The process itself is fairly straightforward and can be done quickly in store.

Call in and shop for your bike and equipment, we will create a quote or invoice for your employer depending on which they require, submit the necessary paperwork to your employer.

Your employer will then provide payment using either bank transfer, cheque or voucher.

Call us and arrange to collect your bike.