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Cycle to Work Scheme

Dáil Éireann Debate, Tuesday - 29 September 2020

Tuesday, 29 September 2020

Questions (220)

Steven Matthews

Question:

220. Deputy Steven Matthews asked the Minister for Transport if consideration has been given to amending the cycle to work scheme in order to remove the potential barrier to accessing it, whereby employers can choose not to participate, and to facilitate an applicant in applying in circumstances in which an employer is not willing to participate. [26499/20]

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Written answers

As the Deputy is aware the Cycle to Work Scheme, which I am very supportive of, is a tax incentive scheme administered by the Revenue Commissioners and governed by tax legislation and tax policy which are matters for my colleague the Minister for Finance. In that regard I very much welcome his recent announcement of increased thresholds under the existing scheme as part of the July Stimulus. The increases are in line with the commitment made in the Programme for Government in relation to the scheme.

In relation to the specific issue raised by the Deputy, and noting the Minister for Finance’s responsibilities in the area, I believe the issue can be considered more fully in the context of my Department’s review of Sustainable Mobility policy which is currently ongoing. I intend that the new policy framework will provide a strategic backdrop to the increased investment planned by this Government across the sustainable mobility programme, including active travel.

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