Dáil Éireann Debate, Tuesday - 10 March 2009
294 Deputy Thomas P. Broughan asked the Minister for Foreign Affairs the way in which the cycle to work scheme has been made available to staff in his Department and agencies under his remit; the location at which this scheme is not currently available; when it will be made available; and if he will make a statement on the matter. [10801/09]
View answerI am aware that Section 7 of the Finance (No. 2) Act 2008 provided for the introduction of an exemption from income tax in respect of a benefit-in-kind arising from a bicycle or associated safety equipment being provided to an employee by his or her employer for the purposes of commuting to work. My Department is at present studying the detailed arrangements that will be required to implement the scheme, along with the related resource implications.
