AIB BIKE TO WORK SCHEME GUIDE
Essential Cycle to Work Scheme guide for AIB employees across 10 Molesworth Street, Bankcentre Ballsbridge, and Central Park Sandyford. Avail of 0% administration fee on direct corporate bank transfer invoices and save up to 52% pre-tax.
How AIB Employees Claim the Bike to Work Scheme
AIB employees across Ireland can avail of the statutory Cycle to Work tax incentive. You select your electric bicycle, helmet, high-security lock, and workshop weatherproofing from Lifty Electric. Through pre-tax salary sacrifice over 12 months, PAYE employees save up to 52% on the cost of the package through combined reductions in Income Tax, PRSI, and USC.
Commute Breakdown: Rathmines to AIB 10 Molesworth Street
Commuting from Dublin south suburbs into Molesworth Street or Ballsbridge can mean severe rush-hour traffic. See how an e-bike compares door-to-door:
| Commute Mode | Door-to-Door Time | Reliability & Delays | Daily Cost | Annual Impact |
|---|---|---|---|---|
| Lifty Pedelec E-Bike | 14 mins (3.8 km) | Direct cycle tracks; zero congestion delays | ~€0.10 electricity | Reclaim 160 hrs & keep ~€2,400 |
| Private Car (Petrol/Diesel) | 35 to 50 mins peak | Severe delays via Camden St, Stephen's Green | €14.50 (Fuel + city parking) | Over €3,300/yr in motoring costs |
| Dublin Bus 14/15/83 | 30 to 40 mins | Weather bottlenecks and morning bus bunching | €4.00 (90-min fare return) | ~€920/yr public transport fares |
Step-by-Step Application Workflow for AIB Employees
- Choose Your E-Bike: Select your pedelec or cargo e-bike model, frame size, helmet, lock, and weatherproofing on Lifty Electric.
- Request AIB Quotation: Generate your official PDF quotation using our on-page tool. It formats statutory VAT and corporate payment details for AIB Group Payroll.
- Submit via AIB HR / Payroll Desk: Upload your quotation through your internal employee portal or submit to your local scheme administrator.
- Corporate Payment: AIB issues payment directly to Lifty Electric by bank transfer (EFT).
- Email Proof of Payment: Once payment is transferred or your scheme is confirmed, email hello@lifty.co with your Full Name, Model of E-Bike Selected, and Payment Proof / Transfer Screenshot. Our Dublin workshop will immediately prepare your e-bike for collection at 157 Capel Street or insured nationwide delivery.
Frequently Asked Questions: AIB Cycle to Work
What proof do I send after AIB approves my scheme?
Once AIB completes payment by bank transfer or confirms your scheme, please email hello@lifty.co with your Full Name, Model of E-Bike Selected, and Payment Proof / Transfer Screenshot so our Dublin technicians can prepare your order.
What are the statutory limits under the scheme?
Under Irish Revenue regulations, pedelec e-bikes qualify for up to €1,500 tax-free relief, purpose-built cargo bikes qualify for up to €3,000, and standard bicycles qualify for up to €1,250. Models exceeding these limits are supported by paying the excess balance.
Can I get nationwide delivery to my home address?
Yes. We provide insured nationwide courier delivery across all 26 counties in Ireland (€89, or free on packages over €4,000), or free collection at our Capel Street showroom.
READY TO GET YOUR AIB QUOTE?
Generate your official employer-ready PDF quotation in 2 seconds. Fully itemised with Revenue statutory caps and direct company payment details.
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