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Discover Cycling - Get Ireland Active

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Bike to Work Scheme<br />

To help promote the use of bikes for<br />

commuting the government run a<br />

scheme that allows employees to<br />

purchase a bicycle and associated<br />

accessories tax free.<br />

The scheme covers bicycles and<br />

accessories up to a maximum cost of<br />

€1,000. The bicycle must be purchased<br />

by your employer but the scheme can<br />

then operate either with your employer<br />

bearing the full cost of the bicycle, or by<br />

way of a salary sacrifice agreement in<br />

which you pay for it, tax free, over 12<br />

months. If the bicycle is purchased<br />

directly by the employer, it can be<br />

claimed as a tax exempt benefit in kind.<br />

Where it is financed via a salary sacrifice,<br />

the employee saves on income tax,<br />

levies and PRSI.<br />

The employee chooses the bicycle and<br />

associated equipment (locks, helmet,<br />

pumps and lights) that he or she wants<br />

up to €1000. The employer then<br />

purchases the equipment on his or her<br />

behalf. It is then up to the employee and<br />

employer to decide how the bicycle will<br />

be paid for, whether the employer buys<br />

the bicycle outright for the employee or<br />

whether the employee pays for it via the<br />

salary sacrifice.<br />

For more information on the<br />

bike to work scheme go to the<br />

website: www.bikescheme.ie<br />

Mark Lidwell<br />

Age 54, Cavan<br />

At the ripe old age of fifty-four, I have<br />

taken up cycling. The object of the exercise<br />

is simply to try to remain fit and healthy –<br />

I have no illusions of emulating Lance<br />

Armstrong! My mount is a Raleigh Pioneer<br />

Metro which I imagine is the workhorse of<br />

the cycling fraternity as opposed to the<br />

racing filly with its downturned handlebars<br />

or the steeple-chaser with its tractor tyres.<br />

At the moment I ride out three mornings a<br />

week, for anything from thirty minutes to<br />

an hour. I tend to set out at an ungodly<br />

hour of the morning, which has the<br />

advantage of avoiding traffic, as well as<br />

neighbours fearing the onset of<br />

Alzheimer’s disease. Living at the top of a<br />

steep hill means an easy start but a<br />

ferocious final furlong.<br />

Dress is optional – hitherto I remain lycrafree!<br />

Helmet is obligatory. Apart from the<br />

usual aches and pains, I do suffer from the<br />

embarrassment of saddle-soreness, and<br />

am looking into the possibility of investing<br />

in padded shorts. My recurring nightmare<br />

is a puncture in some out-of-the-way<br />

place because, although I do possess a<br />

repair kit, the likelihood of carrying out a<br />

successful operation on the side of the<br />

road is negligible. So I always pray for a<br />

safe return.<br />

28

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