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Written Answers — Department of Finance: Tax Reliefs (27 Jul 2021)

Gerald Nash: 330. To ask the Minister for Finance the estimated savings to the Exchequer by decreasing the current tax relief on bike to work schemes to €500; and if he will make a statement on the matter. [39879/21]

Written Answers — Department of Finance: Tax Reliefs (27 Jul 2021)

Paschal Donohoe: I propose to take Questions Nos. 329 and 330 together. As the Deputy will be aware, the cycle to work scheme operates on a self-administration basis. Relief is automatically available provided the employer is satisfied that the conditions of its particular scheme meet the requirements of the legislation. There is no notification procedure for employers involved. This approach was taken...

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