Dáil Éireann Debate, Wednesday - 22 April 2009
554 Deputy Róisín Shortall asked the Minister for Defence the steps he is taking to ensure that the cycle to work bicycle scheme introduced in the Finance (No. 2 ) Act 2008 can be availed of by all employees under the remit of his Department. [15126/09]
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.
