The bike to work scheme introduced across several organisations covers bikes and accessories that are over 1000 Euro. The bicycle is obviously purchased by the employer. The costs are either borne by the employer or paid in accordance to a salary sacrifice agreement in which the employee pays for the vehicle over a span of a year minus the imposition of any kind of taxes. Becoming a part of the bike to work scheme is rather easy. Your employer needs to decide whether the organisation wishes to become a part of the bike scheme and the associated equipment along with it. It is a mutual agreement between the employer and the employee that decides whether the payment for the bike should be made outright or whether through a ‘salary sacrifice' scheme.
The application of the scheme is quite flexible and you do not have to inform the Revenue Commissioners about it. There is no need to fill out any government forms as well. The formalities need to be maintained by the employer and these include maintaining records of the payment details and invoices.
One of the many organisations when asked to explain their decision to promote bike for work actively explained the same as going in favour of ‘enlightened self interest'. The enlightenment part is rather easy to understand. Bikes are easy on the environment and a completely pollution free mode of conveyance. Cycling helps in creating safe and secure neighbourhoods where the chances of road accidents are extremely low. It also solves a lot of problems that arise out of traffic congestion.
As far as the self-interest part is concerned, employers also gain much from cycling.
In order to get started, you can arrange meetings with those concerned to make way for the proper adoption of the scheme and its implementation. It is important to take the opinion of the human resource and finance department who would be rather busy if the scheme is put into place. A meeting with the local authorities would be of immense help as in case there is no cycle park, arrangements for the same can be made easily. You should take into account the opinion of the staff on whether they are willing to adopt the scheme.