What is the cycle to work scheme?

The Cycle-to-work is a Government tax incentive aimed at encouraging employees to use bikes for cycling to work. It covers bicycles and accessories up to €1,000. If employee is on the top rate tax and full €1,000 is spent, you can make a saving of €490.

The maximum amount  covered by the cycle to work scheme: €1,000
Higher rate taxpayer: 41% Tax + 4% PRSI + 4% Levies = 49%

Basic rate taxpayer: 20% Tax + 6% PRSI + 4% Levies = 30%

Cost of Bicycle:  €890

Tax Rate:                    49%               30%

Saving:                      €436.10          €267

Net cost:                    €453.90          €623

Salary sacrifice          €37.83             €51.92

(based on 12 month hire period)                             

Cost of Bicycle:  €1015 - upfront payment €15

Tax Rate:                    49%               30%

Saving:                      €490              €300

Net cost:                    €510              €700

Salary sacrifice          €42.50            €58.33

(based on 12 month hire period)

Cost of Bicycle:  €1099 - upfront payment €99

Tax Rate:                    49%               30%

Saving:                      €490              €300

Net cost:                    €510              €700

Salary sacrifice          €42.50            €58.33

(based on 12 month hire period)

Some of your questions answered....

Do you offer accessories?
GreenAer are a full service company, we offer a range of accessories for the Cycle to Work Scheme, that includes. Luggage carriers, Bell Helmets, Lights and High Visibility Clothing. To See a selection of our accessories and prices click on the link here for our order form:
Cycle to Work Order Form



Why is the difference between a regular bike and an electric bike?
The concept of e-bikes is based on the principle of augmenting, not replacing human power. Electric bikes are like regular bikes with a battery-powered electric motor that assists with your pedaling. The average person who normally rides at 10 mph can ride at 15-20 mph using the same effort.

Why would I buy an electric bike?
From the feedback we have had when visiting companies those who trial our e-bikes and who may not have even thought about buying a bike just love the feeling of exhilaration and ease an electric bike offers over a regular bike. Studies show that people are 4 times more likely to cycle electric than a normal bike. Why? because the assistance an electric bike gives you is on demand to help you zip up hills, against headwinds and lets you go on  longer cycles. You can enjoy the time getting to work, without the traffic worries all while getting fit but without needing a shower when you get to work.

What about parts and after sales?
Our team is always here to look after you, we are on the end of a phone for general queries and are on hand to follow up with any maintenance and repairs.

GreenAer is dedicated to bringing more sustainable forms of transport to Ireland. We are the country’s leading provider of electric vehicles. Our technical expertise ensures that the bicycles fall under our dedicated support operation.

TO ARRANGE A TRIAL DAY AT YOUR WORK PLACE

CALL : 01 2108134

 

Links:

Watch the EasyBike in action