Cycle to Work Scheme - Eurocycles.com

Cycle To Work Scheme Explained

Cycle to work Scheme

 

How to order your bike and accessories?

Step 1: Order your bike and accessoriesAdd your bike and Accessories to your basket.
Step 2: Select Cycle to Work payment method When prompted for payment method, select Cycle to Work and finish your order.
Step 3: Hand the quote to your employer and get them to organise paymentGive your quote to your employer and get them to organise payment.
Step 4: Get your bikeCollect your bike from one of our stores or Get it delivered for FREE across Ireland.
Step 1: Order your bike and accessoriesAdd your bike and Accessories to your basket.
Step 2: Select Cycle to Work payment method When prompted for payment method, select Cycle to Work and finish your order.
Step 3: Hand the quote to your employer and get them to organise paymentGive your quote to your employer and get them to organise payment.
Step 4: Get your bikeCollect your bike from one of our stores or Get it delivered for FREE across Ireland.

 

To place an order on the cycle to work scheme, just select your items as you would normally and add them to your basket. When you have chosen your bike, helmet, lights, lock, mudguards… go to the checkout page.
Once you have entered your details, you will be asked to select the method of payment. Choose “Cycle to Work” and complete your order.
You will then receive a quote to pass on to your employer within the next 72 hours.
Once your employer has paid for your bicycle and accessories, we will process your order and let you know when it is ready for dispatch/collection.

Alternatively, you can call into one of our stores where our friendly staff will advise you on the best bike and accessories for you as well as guide you through the paperwork. For our store locations, click here.

Any questions, please use our chatline or contact us on 014263610 or via email webstore@eurocycles.com

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Benefits

There is many benefits to cycling to work and to using the scheme to get a bicycle both for the employer and employees. 
Here is a list of the key benefits: 

Benefits for employees:

  • Save up to 51% off your bike and accessories up to €1000
  • Save on fuel, parking, public transport and time.
  • Get fit
  • Beat the traffic
  • No administration fees

Benefits for employers:

  • Save on PRSI Payments
  • Healthier staff = more productive staff
  • No administration fees
  • Fast turnaround
  • Enhance your company’s environmental image

Buying a bike through the scheme with us means you get a huge selection of bikes and cycling accessories from renowned quality brands.
You also get the expertise of our team which are here 7 days a week including late opening hours on Wednesday, Thursday and Friday so you can get help anytime you need. 
We are offering free delivery within Ireland and have two stores to collect from within Dublin.

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How much can I save with the Cycle to Work Scheme?

It all depends on your personal situation but you can save up to 52% the cost of your bike and accessories.

Lower tax savings
Higher tax savings

We suggest you try our saving calculator below to see how much you could save.

Calculate your savings
Your annual earnings:
Cost of bike & accessories:
 
Based on earnings the taxation rate is:
YOUR SAVINGS ARE:
Your total cost after savings is:

 

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Cycle to work Scheme choose your bike
Cycle to work Scheme choose your helmet
Cycle to work Scheme choose your clothes
Cycle to work Scheme choose your accessories
Cycle to work Scheme choose your bike
Cycle to work Scheme choose your helmet
Cycle to work Scheme Choose your cycling clothing
Cycle to work Scheme Choose your accessories

 

Frequently Asked Questions

What is the cycle to work scheme?

The Cycle to Work Scheme was introduced in January 2009 to encourage people to cycle to work. It applies to bicycles, pedelecs (electrically assisted bikes) and cycling accessories up to a maximum cost of €1000. The bicycle must be purchased by your employer. The scheme then operates by way of a salary sacrifice agreement in which you pay for it, tax free, over 12 months or less. The savings you make can go up to 52%.

What does my employer have to do?

When you order your bicycle through the cycle to work payment method, we send you an invoice within 72 hours to pass on to your employer. All your employer has to do is to arrange payment of the invoice to us and agree to the terms of your repayments with you.
We accept credit cards, cheques and bank transfers. However, please note that we cannot take credit card payment over the phone. If your employer wishes to pay by credit card, please contact us on 01 4263610.

How do I get a quote for my employer?

To place an order on the cycle to work scheme, just select your items as you would normally and add them to your basket. When you have chosen your bike and accessories go to the checkout page. Once you have entered your details, you will be asked to select the method of payment. Choose “Cycle to Work” and complete your order.
You will then receive a quote to pass on to your employer within the next 72 hours.
Once your employer has paid for your bicycle and accessories, we will process your order and let you know when it is ready for dispatch/collection.

What if I want to buy a bike that costs more than €1000?

You can of course buy a bike or accessories costing above the €1000 plateau fixed by the scheme. If you decide for a higher price bike, you will have to pay for the balance yourself.
For example, you can purchase a bike costing €2000 though the scheme. You will have to pay €1000 directly and the €1000 remaining will be paid through the scheme as a salary sacrifice.

What if I change my job/retire and have yet to pay for my bike?

If you change work or retire before paying for your bike in full, you will have to check with your current employers how much is left to pay and settle the full outstanding balance before the date of ceasing employment/retirement. 

How often can I avail of the cycle to work scheme?

The cycle to work scheme can be used every 5 years. If you are unsure of when was the last time you used the scheme, you need to talk to your accounts payable. They will be able to tell you.

What can I order through the Cycle to Work Scheme?

The Cycle to Work scheme is for the purchase of bikes and cycling accessories. This includes cycling clothing, helmets and other cycling safety equipment, bike locks, bike lights, mudguards, bells, panniers and other bicycle accessories. Bikes of any type can be purchased through the scheme, it isn't limited to city bikes as long as you can justify using the bike to cycle to work. 

Can I avail of both the Travel Pass/Commuter Ticket and the Cycle to Work Scheme?

Yes. They are not mutually exclusive. 

Can I buy an electric bike through the Cycle to Work Scheme?

The Cycle to Work scheme applies to any pedal assist bikes including ebikes. However the scheme is capped at €1000. If the electric bike you are looking to purchase costs more, you will have to pay for the balance directly. 

 

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