In an effort to increase the number of people cycling to and from work the Irish government introduced tax relief on the purchase of bicycles. The cost of your bicycle is deducted from your salary by your employer before tax is applied. The higher your rate of tax the higher will be your saving. You are limited to €1,000 for every five years. You must purchase your bicycle through a cycle scheme retailer.
If you would like more detailed information on the potential savings you can make please click here.