How Do I Buy a Bike Under the Bike to Work Scheme?

You can choose your bike by visiting the Kruz eBike section and selecting the bike and equipment that you want to buy. Next, inform your employer of this choice. The employer will then pay the bike shop or supplier for the bike and equipment directly.

 

STEP 1: Select the E-Bike, Smart Helmet and Lock from the menu below. Maximum order value of €1,500. (Don’t worry if your order is over this amount, you can simply pay the excess)

STEP 2: We will generate and send you a quote based on your selection.

STEP 3: Bring this quote to your employer to make payment.

STEP 4: Once payment has been received by Kruz, your order will be sent out to you.

 

It’s important to note that your employer cannot reimburse you if you make the payment!

You must sign a written agreement stating that the bike is for your own use and you will use it for what the Revenue Commissioners consider qualifying journeys: getting to and from work.

Your employer then sets up salary deductions over an agreed time frame of up to 12 months to recoup the costs. These deductions can be made weekly, fortnightly or monthly depending on your salary arrangements.

The maximum value of an ebike under the scheme is €1,500
The employee pays back through a salary sacrifice arrangement of up to 12 months.
The scheme covers:

  • Helmets
  • Lights and bulbs
  • Reflectors and clothing
  • Locks and chains

Example Of Savings

Bike Value
€1,200

Salary Before Tax: €18 – €32,000
SAVE: €372

Salary Before Tax: €33,000 +
SAVE: €624

Bike Value
€1,400

Salary Before Tax: €18,000
SAVE: €378

Salary Before Tax: €19 – €32,000
SAVE: €434

Salary Before Tax: €33,000 +
SAVE: €728

This example is based on a single person who has no additional tax credits.

The scheme covers the following items, which must be purchased as new (not second-hand):

  • New electric bikes (electrically-assisted bikes that require some effort to propel)
  • Cycle helmets
  • Bells and horns
  • Lights (including dynamo packs)
  • Mirrors
  • Mudguards and skirt guards
  • Cycle clips
  • Panniers, luggage carriers and straps
  • Locks and chains
  • Pumps
  • Puncture repair kits and cycle tool kits
  • Reflective clothing
  • Bike reflectors

 

Apply For The Cycle To Work Scheme