Salary sacrifice car scheme explained

Feb Under the system employee pays cost of bike back through a salary. The Wheels to Work scheme can provide you with a moped or bicycle to make. The scheme now covers Derby in order to help local people get back into work.

Create your Bike to Work account for free. Enjoy the pleasures of cycling to work , find comfortable cycling routes and keep . Alternatively, you may be offered ownership of the bike in return for a market .

You choose the bike you want. You pay your employer back through . Your employer pays for it. Tax-free bikes for work. Once you have collected the bike there is a 7-day cooling off period when.

Employers can claim back VAT under some circumstances, but may no . Including bikes on sale! It enables employees to . Contact us now to organise your Bike To Work Scheme.

To avail of the scheme , just fill out our online application form and we will get back to you with a quote. Under the initiative, salaried employees who are employed and paying PAYE tax in Ireland. Is there any limit on the . Make the most of your ride to work with a cycle to work scheme. Save money on your equipment and spend more time on your bike. Bike to Work are able to offer employees a huge choice of different brands, these include mountain bikes , hybrids and road bikes to name a few.

Please ensure that the bank account is within the Republic of Ireland and will support the. Electronic Money Transfer System. Cycle to work scheme. At the end of the period the employee can return the bicycle or can arrange to buy it outright from the employer.

Bikes can be used in leisure time as well as commuting to work , and at . What happens at the end of the hire agreement? In order to avail of the cycle to work scheme the bicycle and equipment must. In simple words, employers can pay for bikes and equipment for their employees. By paying for your bike and accessories out of your gross wages and spreading the cost over one year you can make incredible savings.

And unlike other schemes , there is no end-of- scheme. Pay your employer back.