Cycle to work scheme application form

Salary deductions will commence from salary on the earliest possible salary payment date following receipt of the application form. In the case of applicants employed under a fixed term or regular part time contract, the deduction arrangements must be completed by the last pay day in August of the calendar year. Cycle to work schemes operate as salary sacrifice schemes.

As a sole trader, you will pay income tax and National Insurance once a year based on your profits, under Self Assessment. The application must be completed in conjunction with the supplier.

The tax exemption does not apply if you pay for the bicycle and your employer reimburses you. Welcome to Bike to Work , we are here to help you take advantage of the recent Government initiative offering tax free bikes for cycling to work. Under the scheme employers can pay for . Officers wishing to use the scheme should contact their Personnel Officers. Hire Agreement you are accepting the. The OGP manages the supplier listing only.

Application Form for . It also means that you can save up to 10.

Employer PRSI per application. Please note that there is no requirement to notify Revenue that you are availing of the scheme . Nov During the lease period the bike should be used for qualifying work journeys at. To apply download both the application and quotation form. The employee must complete the application form at Appendix A and submit it,.

Feb What do I need to send in with it? All you need to send in with your application form is an invoice from the bike shop you have chosen. In its consideration of the application , the Commission noted that, in keeping with. Your bike will arrive and the price is deducated from . ID at your chosen bicycle store and you can take the bike home with you.

Please complete this form to apply for a cycle and cycle equipment to be purchased by the employer under the IOMG . Jun To take ownership of the bike a transfer of ownership process will also apply within the HMRC Fair Market Valuation guidelines. To avail of this scheme , please fill out the application form below and forward to:. Aug There are a few points to check off before you fill out the cycle to work scheme application forAre you an employer—specifically, are you able . Once the online form is complete, we will contact your employer to implement the scheme. Your employer buys the kit for you.

Our bike schemes are a brilliantly simple way to help your employees get active and encourage them to ditch the car.

Cycling is one of the best forms of exercise. Save money and spread the cost. Scheme before you apply to be part of the Scheme. This reduced cost is simply.