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Claiming parts to a self built bike on the cycle to work scheme

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  • 21-06-2009 7:29pm
    #1
    endomorph
    Closed Accounts Posts: 3 ✭


    Hi all

    I haven't seen this answered before. I have read the document issued by the revenue commissioners linked below and it also does not answer my question.

    I know i can buy a bike from anywhere i wish as long as my employer agrees. However i want to put together a bit of a dream bike that i have been fantasizing about for a while now. This will involve purchasing the frame and all parts (bars stump wheels etc ) separately. It will definitely run to over a €1,000. Can i claim for some of or all of these parts up to a value of €1,000. In the blurb they only really talk about safety equipment and stuff.

    bik-exemption-for-bicycles.pdf

    As an aside does anyone really expect the revenue to ever check up on bike usage?


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    #2
    Carawaystick
    Registered Users Posts: 8,779 ✭✭✭Carawaystick


    section 9.3 scuppers that plan....
    unless you buy the parts, assemble them and sell it to your employer, to get it back... see section 9.6


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    #3
    penexpers
    Closed Accounts Posts: 4,038 ✭✭✭penexpers


    The only way I know of that this will work is if a bike shop will supply all the parts, assemble the bike for you and invoice the employer for the cost of the bike.


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