BIKE & CYCLE TO WORK SCHEME IRELAND

Higher-rate taxpayers (gross salary over €44,000 for a single person in 2026) can save up to 52% on qualifying bikes and safety accessories by combining 40% Income Tax relief, 4.2% PRSI, and applicable USC. Standard-rate taxpayers (20% Income Tax) save approximately 28.5% to 31.5%. The exact saving depends on your personal tax credits and USC band.

Under statutory Irish Revenue guidelines, the tax-exempt caps are:

• Pedelec Electric Bikes: Up to €1,500
• Purpose-Built Cargo & E-Cargo Bikes: Up to €3,000
• Standard Pedal Bicycles: Up to €1,250

Qualifying safety equipment (helmets, locks, lights, pumps, mudguards) and nationwide delivery included in the employer invoice count within these limits.

Yes. You are not restricted to sub-€1,500 models. If you choose an e-bike costing more (for example, the UTO OG16 at €1,849.99 or a CUBE Kathmandu at €2,499), your employer funds the €1,500 statutory cap through pre-tax salary sacrifice, and the excess balance is settled through your employer's portal policy or paid directly. Lifty quotations clearly separate the tax-exempt portion and excess balance.

No. For Revenue tax exemption to apply, the employer must purchase the bicycle and equipment through the scheme. A personal purchase followed by employer reimbursement does not qualify for tax relief under Irish law. That is why the process starts with a quotation generated for your employer to approve and pay.

Once your employer completes payment via electronic bank transfer (EFT) or issues your official e-voucher, please email hello@lifty.co with:

• Your Full Name
• Model of E-Bike Selected
• Payment Type / Proof (Bank transfer receipt screenshot or official e-voucher certificate)

Lifty Electric works with all major Irish platforms, including TravelHub, HubEx, Cyclescheme.ie, BikeToWork.ie, and BenefitHub, as well as direct corporate and public-sector proforma invoicing for the HSE, Civil Service, Dublin City Council, An Post, and private corporate companies.

No. Electric scooters, mopeds, and motorbikes are strictly excluded from Cycle to Work tax relief under Irish Revenue legislation. The scheme applies strictly to qualifying pedal bicycles, pedelec electric bicycles, and cargo bikes.

Yes. You can choose free showroom collection from 157 Capel Street, Dublin 1 (D01 F5P1), where your bike will be fully built, adjusted, and safety-inspected by our Dublin technicians. Delivery options and charges depend on your order and destination. Check our delivery information and confirm the final charge in your quote.

Under Section 118(5G) of the Taxes Consolidation Act 1997, you can avail of the Cycle to Work Scheme once every four calendar years. The cycle runs on a tax year basis (January to December), meaning an employee who last availed of the scheme in 2022 is fully eligible again from 1 January 2026.

Yes, provided you are paid as an employee through the PAYE system (such as a proprietary director paying PRSI under Class S through a registered Irish limited company). Sole traders who do not pay themselves through PAYE cannot use the salary sacrifice scheme directly, but can claim the bicycle as an allowable capital expenditure for business use.

You can choose any qualifying e-bike regardless of price. Your employer covers up to the statutory cap (€1,500 for pedelec e-bikes or €3,000 for cargo bikes) tax-free via salary sacrifice, and the excess balance is settled directly or through your company payroll policy.