Benefits | Travel Tax Schemes at DCU | Cycle to Work Scheme

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Travel to DCU - cycling

Cycle to Work

The Cycle to Work Scheme

Is a government tax incentive to help employees buy 

a bicycle and cycle equipment tax-free, up to a certain value.

 

The scheme aims to:

  • encourage more employees to cycle to and from work
  • contribute to lowering carbon emissions
  • help reduce traffic congestion
  • help improve health and fitness

Am I eligible for the Cycle to Work scheme?

The scheme is open to all employees irrespective of contract status or duration. You can apply once in a four-year period.

You must use the bicycle and safety equipment employee mainly for  qualifying journeys ¨C meaning all or part of a journey between the employee's home and place of work.

 

How do I apply for the Cycle to Work scheme?

The employer purchases the bicycle on behalf of the employee. In order to avail of the scheme and its benefits the following steps must be taken:

  • Go to the Bike to Work website and register as a New User, if you haven¡¯t registered previously. 
  • Select a bicycle and / or equipment up to the values here:
    • €3,000 for cargo and ecargo bikes.
    • €1,500 for pedelecs and e-bikes. 
    • €1,250 for other bicycles. 
  • Submit your application by following the steps outlined on the Bike to Work website.
  • Please complete Cycle to Work application form 
  • Once payment has been made to the bike shop by DCU, you will receive an email from Bike to Work with a voucher. You may use this voucher to collect the bike from the supplier. 
  • Please note it may take up to 2-3 weeks for the application to be processed.

 

Terms and conditions
  • The tax exemption is limited to €1,250, although higher amounts apply for electric bikes and cargo bikes, once they are eligible under the scheme.  
  • The university must pay for the bicycle  to meet the terms of the scheme.  
  • The tax exemption is only offered once in a four-year period, even if the claim is small 

     

Salary sacrifice

Please read the salary sacrifice section on the application form carefully.  

The key points to note are:

  • Deductions from salary must be made over a 12-month period. If you are on a fixed-term contract, deductions must be completed before your contract ends.
  • Deductions must be of equal amounts.
  • If your contract  ends for any reason, you must repay monies owed before you finish employment with the university.

Further information about the Cycle to Work Scheme

For Cycle to Work Scheme queries, contact jennifer.curran@dcu.ie, AskHR@dcu.ie or 01 700 5149.