Dáil Éireann Debate, Tuesday - 10 March 2009
370 Deputy Thomas P. Broughan asked the Minister for Defence 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. [10797/09]
View answerMy Department supports the provisions of Section 7 of the Finance (No.2) Act 2008 which introduced an exemption from an income tax charge under section 118 of the Taxes Consolidation Act 1997 in respect of a benefit in the form of a bicycle or associated safety equipment provided to a director or employee by his or her employer, where the bicycle/associated safety equipment is used by the employee or director mainly for qualifying journeys. My Department is considering the detailed arrangements that will be required to implement the scheme.
