Some good news for Irish cycling – The Cycle to Work scheme is getting a few tweaks courtesy of yesterday’s July Stimulus Plan:
The allowable expenditure will be increased from €1,000 to €1,500 in respect of ‘ebikes’ and €1,250 in respect of bicycles. The scheme currently allows the purchase of a new bicycle every 5 years and this will be reduced to 4 years.
All other parameters of the scheme will remain the same.
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