By Callum 
The Cycle to Work Scheme in Ireland is a government initiative that encourages physical activity and increases environmental awareness. By offering employees the opportunity to purchase a bicycle or bicycle accessories discounted, this program is becoming increasingly popular. How does this program work? Why is it a good idea to purchase a bicycle through this program?
- What are the principles of the Cycle to Work Scheme in Ireland?
- What are the benefits of this scheme?
What are the principles of the Cycle to Work Scheme in Ireland?
The Cycle to Work Scheme in Ireland is a solution offered by employers to their employees. This means that the employee selects the bike and accessories they wish to purchase and sends information about it to their employer. It’s important to shop at a partner store within the program. The employer pays for the order. The employer then deducts the purchase cost from the employee’s salary, spread over 12 months, for example. This eliminates the need to pay additional taxes and retail costs. This translates into significant savings and a much more attractive price for the bike. You can join the program once every four years.
What are the benefits of this scheme?
The first advantage of the Cycle to Work Scheme in Ireland is the financial benefits. There’s no need to spend a large sum upfront; the purchase is covered by the employer, and paying in instalments is more advantageous and affordable for many people. Secondly, the costs are significantly lower (sometimes by up to 52% of the value).
Third, there’s a wide selection of bikes and accessories to choose from, so you can choose the perfect model for yourself. Fourth, it supports a healthier lifestyle, improves your physical fitness, and avoids the traffic jams that plague larger, more congested cities during commuting hours. Fifth, this scheme promotes a more eco-friendly lifestyle, which translates to reduced urban emissions and cleaner air.
The benefits of this scheme are driving more and more people to buy a bike and commute to work. It’s a practical and long-term solution. It’s also an ideal way to combine physical activity with recreation and save time by avoiding traffic jams on the way to work. It’s also a great opportunity to invest in even better equipment, but at a very favourable and attractive price and financing option. The decision to purchase a bicycle under the Cycle to Work Scheme in Ireland is consistent with the idea of a modern approach to life, work, mobility, and comfort.