About the Scheme
Cycle to Work Government Scheme is the cheapest way to buy a bike. Introduced in 2009, this tax incentive scheme is designed to encourage more people to get on their bikes and cycle to work!
Tax Benefits
Are you aware that you can save up to 51% off the price of a new bicycle & accessories up to a maximum cost of €1,000 under a Government Cycle to Work Scheme?
Introduced on 1st January 2009, this tax incentive scheme is designed to encourage more people to get on their bikes and cycle to work!
Health Benefits
Cycling is a great form of exercise and by cycling to work, you'll make sure you stay active and get good exercise everyday without using up any more of your valuable time. Cycling keeps you fit, it's fast, cheap and reliable - and it's great for the environment.
How to participate?
Once your employer decides to take part, they simply pay for the bike and equipment of your choice on your behalf, and off you go. Your Employer will inform you how the payment will work exactly, whether they buy the bike outright or it operates under a "salary sacrifice" arrangement, but either way you save on Tax!
It is quick & easy to participate in the scheme. 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.
Massive Selection
Gallagher Cycles is Ireland's leading supplier of top-brands, which include FUJI, Basso, BMC, Fondriest, GT and many more.
We also stock a huge range of accessories, clothing and other cycling equipment.
Experienced Staff
Our friendly, knowledgeable team are available 7 days a week, so you can always drop us a message or give us a call.
Loyalty Discounts
We give additional discounts on bike and accessories purchased through Cycle to Work Scheme.
How can I make a purchase?
You have a few options when it comes to making a purchase - either in store, apply online via our website, email us at gallaghercycles@hotmail.co.uk, or give us a call.
Cycle 2 Work in our Lifford Store
Our friendly and knowledgeable staff will help advise on which bike to choose & any accessories, as well as guide you through the paperwork.
Gallagher Cycles, Townspark, Lifford, Co Donegal
Cycle 2 Work Online in 3 easy steps:
Generate a Cycle 2 Work Quotation by adding your choice of bike & accessories to your basket and click on 'Buy through Cycle 2 Work'
Hand your quotation to your employer and ask them to arrange payment
Collect your bike & accessories in store or have it shipped Free of Charge.
Questions? Call us on 086 0801589 or email us at gallaghercycles@hotmail.co.uk
Benefits for Employee
Save up to 51% on Bikes & Accessories
Employees make a saving of between 31% - 51% depending on tax rate, making it easily the cheapest way to buy a bike. For a detailed savings calculation, use our online Savings Calculator.
Employees can avail of additional loyalty discount on bike & accessories purchased through Cycle to Work Scheme.
Health Benefits
Cycling is a great form of exercise and by cycling to work you will:
Feel Happier
Live Longer
Travel Cheaper
Loose weight
Save the planet
5 Year eligbility
If you availed of the Cycle to Work scheme in 2012 or earlier you are eligible to re-apply for the scheme, no matter what month your original application was made.
Benefits for Employer
Tax Benefits
Using the Cycle to Work scheme, your company can purchase new bike & accessories worth up to €1,000 Tax Free, for your employees.
You can use a salary payback arrangement to allow your employees to pay for the bike over an agreed amount of time up to 12 months. This means that the employees saves between 31% - 51% (depending on tax rate) of the retail price of bike & accessories but your company also makes a PRSI saving of 10.75%.
Healthier Staff
Organisations with a healthy staff will have improvement in the following:
Productivity
Business Performance
Staff Morale
Employee Engagement
Punctual Staff
No more traffic jams or being late because you missed your bus. It's proven that commuting by bike is the most reliable way of transport in the cities.
Why choose Gallagher Cycles
The staff at Gallagher Cycles are well experienced when it comes to bikes. Not only will you avail of a great service you will also avail of Ireland's best prices guranteed. Our stock is monitored weekly to ensure we are offering you the best possible deals on the Irish market.
You will be safe in the knowledge that your employees will receive professional and sound advice.
We are happy to organise presentations for Employers and their staff to explain the benefits of the scheme and demonstrate the types of bikes & accessories that can be availed of under the scheme.