TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Enhanced Cycle to Work Scheme (Section 9)

The limit on allowable expenditure under the Cycle to Work Scheme as per Section 118 (5G) TCA 1997 increases from €1,000 to €1,500 for ‘ebikes’ and related safety equipment and to €1,250 for other bicycles and related safety equipment. The scheme currently allows the purchase of a new bicycle once in any 5 years and this is amended to once in any 4 years.