The Bike to Work Scheme is a government tax incentive that lets you buy a brand new bike and safety accessories through your employer, completely tax-free. The cost is deducted from your gross salary over 12 months, meaning you pay no Income Tax, PRSI or USC on the purchase.
Depending on your tax bracket, you could save between 28% and 52% on the retail price. That means a €1,000 bike could cost you as little as €480. Bike Shop Newry is a registered Bike to Work retailer, simply choose your bike, we handle the paperwork with your employer, and you’re on the road.
Your employer pays us directly and the cost is spread across your salary over up to 12 months, all taken before tax. There’s no upfront cost and no hassle.
- Check with your employer that they participate in the scheme.
- Choose your bike and any safety accessories like a helmet, lights, lock or reflective gear.
- We provide an itemised invoice to your employer.
- Your employer pays us and the repayments come from your gross salary.
- Collect your new bike and start cycling to work.
Standard Bike Limit
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0
E-Bike Limit
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Cargo Bike Limit
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