Cycle To Work

 

The Cycle To Work Scheme is to encourage more employees to cycle to and from work or between workplaces.

Tax-free bikes and e-bikes now up to €1,500 with salary sacrifice

 

Step 1 - Choose your goods and get a quote from us. Steps to generate a quote has been mentioned at the bottom .

Step 2 - Apply for your certificate on www.cyclescheme.ie

Step 3 -  Redeem your Cyclescheme certificate with us by emailing your certificate and quote number.

Step 4 - Receive your bike!

Steps To Generate Bike To Work Quote

- Choose your goods and get a quote from us. (Instructions below)

- Apply for your certificate with your employer

- Redeem your certificate with us by emailing your certificate and quote number

- Receive your bike!

- Below are steps to generate a cycle to work quote from the website

Step 1 : Add products to your cart (in case we dont have any bike just email us and we will list the same)

Step 2 : Go to your cart.

Step 3 : Go to bottom of the page and click on "Cycle to Work Quote"

Step 4 : Fill in the details

Step 5 : You will have a quote in your email

Step 6 : Open your email to view the quote from letscycle. Please do check your spam or promotion tab if you haven't received it.

Scroll down below for detailed instructions with images

Submit to your HR for the payment process. Once we received the money, we will automatically send the bike to your shipping address within 7 to 10 working days.

 

What is the purpose of the scheme?

The purpose of the scheme is to encourage more employees to cycle to and from work, or between workplaces, thereby contributing to lowering carbon emissions, reducing traffic congestion, and improving health and fitness levels.

 

How do I pay for the bicycle?

You visit the shop, select the equipment you wish to buy and have the shop invoice your employer directly for the cost. Your employer will issue you a certificate for the bicycle and accessories and sets up a ‘salary sacrifice’ arrangement from your salary over an agreed time frame (which cannot be more than 12 months). This generally means that your employer will have to pay for the bike. The tax exemption does not apply if you pay for the bicycle and are reimbursed by your employer—they must pay for the bicycle via a certificate

The repayment for the bicycle and equipment is then deducted from your gross salary (this means before income tax, PRSI, pension levies, or Universal Social Charge are deducted). These deductions can be made weekly, fortnightly, or monthly depending on your salary payment arrangement. Your employer can also buy the bicycle on your behalf and not require you to pay for it.

 

 

How much can I save? 

Total Savings estimate

Bike Cost (1600)(1500 max and 3000 for cargo bikes) Bike Cost (1200) Bike Cost (800)
Tax rate 20% Tax rate 40% Tax rate 20% Tax rate 40% Tax rate 20% Tax rate 40%

€360

€780

€288

€624

€192

€416

 

 




Instructions

Step 1

Click on "Add to Cart" Button in order to select your bike for quote request. This action will add the selected item in the cart. You can similarly choose accessories you like.

Step 2

After selecting the bike and accessories, you can move to Cart Page by clicking "View Cart" button or you can click the cart icon button on the top screen.

Step 3

Once you come to the My Cart page, you will have “Cycle to Work quote”. option at bottom of the page. Click on that button to open the “Request Quote” form

Step 4

You need to fill all required information to get quick quote from us. Fill your name, e-mail, phone and employer details, which are necessary to generate the quote.

Step 5

Once you fill all the details, click on “Submit Quote” button.

Step 6

You will get the quote request number form the system for your reference regarding Bike to Work Quote

Step 7

Open your inbox to view the mail from Letscycle Please do check your spam or promotion tab if you haven't received it, you will find the pdf file attachment in the mail named with “LetscycleIreland_BTW_Quote”. Please do check your spam or promotion tab if you haven't received it.

Step 8

Open the attachment to view the quote
Please submit this quote to your employer, once they pay us you get your bike delivered in 7 -10 working days.