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I was very impressed

I have recently purchased a bike through Cyclescheme. I just happened to be looking for a bike anyway and when the guys in the bike shop told me about Cyclescheme I got on the case with my employers immediately! It is such a good incentive to get a bike. It would have taken some saving for the bike I wanted so Cyclescheme helped me to get the bike and all the gear to go with it much more quickly. It only took a matter of weeks from enquiring through to actually getting my bike, I was very impressed!

Rebecca

Videos...

An Introduction to Cyclescheme (1:50)

Welcome to Cyclescheme, the Republic of Ireland’s number one provider of tax free bikes for work through independent bike shops. We pride ourselves in giving you the best service available with the minimum of administration. Our scheme is run in strict accordance to the government’s green travel plan and conforms to the requirements of the Department of Finance. We also provide hire agreements for employees and a free secure website for voucher processing. This extranet site is password protected and enables you to manage employees’ applications with the click of a mouse.

How it works

Click here to see a short video about Cyclescheme
You sign up with Cyclescheme; you're given access to our online system.
Employees visit one of our participating bike shops to select the bike and equipment that they want; they will be given a paper quote. They use Cyclescheme's online tool to apply for your chosen package by entering the details online and requesting a secure voucher.
Once an employee requests a secure voucher, you confirm eligibility and approves the request. Cyclescheme will send you an invoice for the bike package, and a hire agreement is sent to the employee to sign.
As soon as the bike is paid for, the secure voucher is posted so it can be passed on to the employee.
The employee contacts their chosen bike shop to arrange collection.
The balance of the bike is deducted via salary sacrifice by your payroll team. At the end of a five year period, the employee takes possession of the bike.

How to start up the scheme

To find out more about the scheme, you can download our flow chat below. You'll need to enter some basic company details to complete the download.
When you're ready, you can click here to register

We look forward to being of service. We look forward to being of service. Please note that the scheme is available to ROI tax payers who are paid via PAYE. Self-employed workers cannot take part in the scheme.

Register now!

Get up and running

If you're an employer, you can register for the scheme right here and receive all the info you need to get up and running.

FAQs

All you need to know

Over the last few years we've been asked a few questions... mostly about fair market value! click on the link below to read the Employer FAQs

Read the FAQs here...