Cycle To Work Scheme (also known as the Bike To Work Scheme) is an initiative by the Government of Ireland to encourage more and more people to cycle. With the Cycle to Work Scheme you can buy a bike tax free through your work. Your employer pays for the bike upfront allowing you to cover the cost of the bike through easy regular instalments from your gross salary.
How does the Cycle to Work Scheme Work?
With the scheme, your employer buys a new bike for you, and you repay the cost gradually through your salary. The amount is deducted from your gross wage (before taxes), which helps you save money. This deduction is spread over an agreed period, up to a maximum of 1 year.
Most companies in Ireland participate in the Cycle To work Scheme. It also saves them around 10%. Check with your Employer today to confirm that they participate in this scheme!
Read more about the Cycle to Work Scheme here.
How Do I Apply for the Cycle to Work Scheme?
1. Pick A Bike
Choose a bike from our expert collection. Read our blogs to know more about the features and to confirm which bikes qualify for the Cycle to Work Scheme.
2. Complete the form and submit
Complete the form shown below and click on the Submit button to help us process the request and provide a quote for you to submit to your employer.
3. Check the quote provided in your email
Once you provide us with your details, Voldo Bikes will reach out to you via email with the 'Cycle to Work' quotation for your selected bike. Please check the spam, junk or promotions folder if you do not see it in your primary inbox.
4. Provide the quote to your employer
Provide the 'Cycle to Work' quotation to your employer for them to process payment. Once the payment has been processed by your employer, your bike will be delivered in 7-10 working days.
5. Enjoy your new bike
The most important thing here is to enjoy the bike with the ease of easy regular instalments. Ride to glory now that the there isn't a hole in your bank balance, all this while enjoying the tax benefits provided in this scheme. :)