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.