Cycle to Work .

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Since 1 January 2009, a government scheme to encourage people to cycle to work came into force. Cycling keeps you fit, it’s fast, cheap and reliable – and it’s good for the environment.

The new bike scheme covers bicycles and accessories up to a maximum cost of €1,000. The bicycle must be purchased by your employer but the scheme can then operate either with your employer bearing the full cost of the bicycle, or by way of a salary sacrifice agreement (like the existing travel card scheme) in which you pay for it, tax free, over 12 months.

Participating in the bicycle scheme is easy. If your employer decides to take part, they simply buy the bike and equipment on your behalf and off you go. Its is up to you and your employer to decided whether they buy the bike outright for you or whether you pay for it via ‘salary sacrifice’. Either way you save on tax.

The scheme is flexible in its application in that your employer doesn’t have to specifically notify the Revenue Commissioners that you’re availing of the scheme and there are no Government forms to fill out. However, your employer does have to maintain the normal records such as invoices and payment details associated with buying the bike.

 

 

 

 

 

 

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BIKE OF THE WEEK

TREX FX3 WSD

WAS €659

NOW €599

TREK FX3 WSD

Specifications
Service Parts
Specification
Features
Light, strong stagger frame for easy-on, easy-off
DuoTrap S compatible: track your fitness, map your miles
The rack/mudguard mounts and Blendr stem make it easy to accessorise
Comfort that counts: IsoZone bar and ergo grips
Frameset
Frame FX Alpha Gold Aluminium, DuoTrap S compatible, rack and mudguard mounts
Fork Bontrager Nebula, carbon
Wheels
Front Hub Formula TK31 alloy
Rear Hub Alloy
Rims Bontrager Tubeless Ready, 32h
Tires Bontrager H2 Hard-case Lite, 700x32c
Drivetrain
Shifters Shimano EF65, 9-speed
Front derailleur Shimano Acera
Rear derailleur Shimano Alivio T4000
Crank Shimano Acera M371, 48/36/26 w/chainguard
Bottom bracket Sealed cartridge
Cassette Shimano HG20, 11-34, 9-speed
Chain KMC X9
Pedals Wellgo nylon body w/alloy cage
Components
Saddle Bontrager H1 Women’s
Seatpost Bontrager SSR, 2-bolt head, 27.2 mm, 12 mm offset
Handlebar Bontrager Satellite Plus IsoZone, 31.8 mm, 15 mm rise
Stem Bontrager Elite, 31.8 mm, 7 degree, w/computer and light mounts
Grips Bontrager Satellite IsoZone Plus, lock-on, ergonomic
Headset 1-1/8″ threadless, sealed cartridge bearings
Brakeset Tektro alloy linear-pull
Upgrades from FX 2 Women’s
Acera 9-speed drivetrain
HCM Carbon FX fork
IsoZone handlebar and grips
H1 fitness saddle
Bontrager Hard-Case Lite tyres
...

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