Kildare
actually, the first question should be - does your employer place any restrictions on which bike shops you can purchase from? some do.
we are 15 people working for an international company. Nobody organise or oversee b2w operations so I will be doing it myself. Is there any instructions website? Do I need to register my company first to avail this scheme? Is there any specific reason that my boss would not want to go ahead with a bike purchase for myself through the scheme?
None, nothing to register. Get your company to pay for the bike, and then get salary/payroll to deduct that amount pre tax from your salary. The deductions must be complete within 12 months, that's it. You can pay all at once, or divide it by 12, doesn't really matter
Just to expand a little there, it doesn't really matter other than the fewer payments, the larger each of them are, so if you opt to pay it all from one paycheck, make sure you've enough money to cover you for the rest of the month.
Looking to get back into cycling and I like the look of the canyon endurance all road. I'm in the civil service so will be buying through nsso. Canyon are listed on nsso as a supplier but I didn't see any info on canyon website. Anyone else buy from canyon using the scheme.
Bump
What info do you want? They have the price there, start the process via the HR self service, select the supplier, put in the price
I thought you have to provide a quote to Nsso and I'm wondering how to get that off the canyon site
Contact them via their contact us page and ask for one, or screenshot the webpage.
Ok . Thanks for response. Can I ask what your thoughts on the bike are. Reading reviews online it seems to be a good starter which will be comfortable on rough rural roads.
On paper it is exceptional value but canyons QC is known to have gone down hill of late so factor in either time to give it a once over yourself or bring it to a bike shop and ask them to check it over if you do not have much experience. Do you have a budget so people can give other recommendations?
I have an upper limit of around 1000 euro after bike to work so I suppose retail about 1500-1600. I m a big guy, ex rugby player 6ft 4 17 st , so although I want to ultimately go longish i.e 100 k or so I want to be comfortable as will be mainly on rural rough roads. I was also thinking of giant contend ar 2 as available through local bike shop which would be beneficial.Thanks for help so far.
Other options:
Some other options, there are versions of the NuRoad for 1100
Plenty of info to Google now. Thanks again
I got a Canyon through the bike to work, from what I remember you can order the bike, get an invoice and they will wait for payment to be made. You might need a reference on the payment but it is as straightforward. I split payments as the bike was over the scheme allowance so employer paid €1,500 and I paid the rest. Once Canyon received full payment it was then shipped.
~25,400 taxpayers availed BTW in 2024, costing exchequer ~€5.8m in tax foregonehttps://www.kildarestreet.com/wrans/?id=2026-06-09a.1139
Be interesting to have a survey to estimate of people who would never buy a bike without it, how many extra people are employed due to the scheme, the VAT taken because of those additional sales and so on. Tax forgone is a very basic metric.
the term 'cost' has negative connotations nowadays, but this is actually a good news story, this is our taxes being put to good use, for the betterment of society and our economy
these stats would be very interesting, surely some studies have been done?
How many of that 25,400 were carbon wheelsets or "Cargo bikes" 😅
Played golf with a few lads who managed to turn the BTW scheme into golf clubs so their not all cargo bikes 😄
There was new 23,601 EVs registered in 2024, hard to know how many were outside the €15-60k grant allowance but let's say 50% of them, that's €41.3m in SEAI grants. As much as I support the move to EVs, bikes are just as important if not more.
I think the scheme is still a half arsed measure, it's not mandatory when it absolutely should be. It killed me paying full price for a good bike when I was working minimum wage and commuting on an MTB. Also whoever decided that €250 is enough to cover an ebike is a clueless gobshite. You'd get a reasonable bike for €1,250 but the ebike equivalent is €2,500+ and prices of bikes have still gone up. The scheme doesn't do enough. I wouldn't be opposed for an additional allowance for kids bikes once they're of an age to cycle to school.
My last job was a 45km per day commute but as a minimum wage worker I wouldn't have gotten much discount off an ebike. They should probably add some long distance commute exemption for a better discount. The lower earners probably need it more than anyone.
Last bought a bike on BTW in Sept. 2022.
Can I go again this Sept. Or do I wait another year?
Thanks
It's every 4 years (and I have a feeling it's just calendar years, so you might be able to go sooner than September, but I'm open to correction on that)
ETA - I was correct
You can use the scheme once every four years.
The tax year in which the bicycle is provided counts as the first year. For example, if you used the scheme during any month in 2022, you can use it again from 1 January 2026.
https://www.revenue.ie/en/jobs-and-pensions/taxation-of-employer-benefits/cycle-to-work-scheme.aspx
Lovely. Thanks a million
not really a cost, as most of those bikes would probably not have been pruchased
