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.