Discounts available These are subject to Terms and Conditions
Example SavingsActual savings will depend on each individuals personal circumstances. | ||||
Basic Rate Taxpayer : 20% Tax + USC + PRSI = 28.5% | ||||
Cost of bike / ticket | €1000 | €1,250 | €1,500 | €3,000 |
Tax Relief Saving % | 28.5% | 28.5% | 28.5% | 28.5% |
Tax Relief Saving | €285 | €356.25 | €427.50 | €855 |
Net Cost | €715 | €893.75 | €1072.50 | €2145 |
Example SavingsActual savings will depend on each individuals personal circumstances. | ||||
Higher Rate Taxpayer : 40% Tax + USC + PRSI = 52% | ||||
Cost of bike / ticket | €1000 | €1,250 | €1,500 | €3,000 |
Tax Relief Saving % | 52% | 52% | 52% | 52% |
Tax Relief Saving | €520 | €650 | €780 | €1575 |
Net Cost | €480 | €600 | €720 | €1425 |
For more information check our Bike To Work FAQ section