bike-to-work-scheme-ireland--everything-you-need-to-know – Independent Shop

How does the cycle to work scheme work?


Under the government initiative, your employer will pay for your bike and you repay the cost in regular instalments taken from your gross salary. This means you are not liable for income tax, USC or PRSI with potential savings from 20% to over 50% (depending on how much tax you normally pay). You can also agree on the timeline of repayments with your employer over the next year.

Can I get an electric bike on a bike to work scheme?


Electric bikes are fully covered by the Cycle to Work Scheme up to the value of €1,500.

How to get up to 52% off your electric bike?


Your Veloci electric bike can work out even cheaper if purchased through the Cycle to Work Scheme (also known as the Bike to Work Scheme). 


Under the government initiative, your employer will pay for your electric bike and you repay the cost in regular instalments taken from your gross salary. 


This means you are not liable for income tax, USC or PRSI with potential savings from 20% to over 50% (depending on how much tax you normally pay). 


You can also agree on the timeline of repayments with your employer over the next year.

Cycle to Work Scheme Steps

1. Select the Veloci bike you wish to order 

2. Add optional extras and accessories and check out

3. Electric bikes are covered by the Cycle to Work Scheme up to the value of €1500 so the balance of must be paid at purchase if you select a bike for more than €1500. If you choose a bike for €1500 you can secure your bike with a €50 refundable deposit. We’ll email you an invoice for €1500 to forward on to your employer

4. Once your employer pays for your bike in full we will send you a confirmation email

5. Choose a date for your bike to be delivered

6. ***Please enter your company's name and address in the 'billing' section***


It’s that easy! If you have any further questions, please read our FAQs below

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