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Cycle To Work Scheme

Posted on May 17 2016

Cycle to Work Scheme - Electric Bikes

We at Easy Motion hope you like hassle free discounts!

When it comes to hassle...we say "NO"

- NO tax

- NO prsi

- NO usc

 and

- NO hassle

 

Which is why we can offer you any of our electric bikes under the cycle to work scheme.

Giving you a tidy saving of up to 49.5%!!!

It's quick and painless to get started with us in-store.

 

Here’s how it works.

The Cycle To Work Scheme | Bike To Work Scheme can be availed of every 5 years per user and covers up to the value of €1000. If the total value of the electric bike and accessories exceeds this amount, you simply pay the difference with us in store. Once the 5 years have passed, the scheme can be availed of again.

 

Next we invoice your employer for the value of the e-bike and any accessories, you will then sign a salary sacrifice agreement whereby you pay back the agreed amount over the course of a maximum of 12 months. Now here's the fun part ;-) You won't be paying back the full amount...

Once we receive the final payment from your employer we will release the bike to you.

 

Here’s a sample breakdown of what you could save on a salary of €34,000

Total cost of bike and accessories

€1000

Tax saving over payment period (40%)

€400

Employee PRSI saving over payment period (4%)

€40

 

Employee USC saving over payment period (5.5%)

€55

Final cost of bike & accessories

€505

Total saving

€495

 

Gross salary sacrifice, based on 12 month payment period

€83.33

Net salary sacrifice, based on 12 month salary sacrifice agreement

€42.08

Percentage saving over RRP

49.5%

 

Join the revolution in sticking it to the tax man, sign up for the Cycle to Work | Bike to Work Scheme and claim yours today!

If you still have questions check out our cycle to work section of our FAQ or send us an email to info@easymotion.ie

Let's take a look at what we have available through the cycle to work scheme:

Evoke Mid Drive Electric Bike Mercury Mid Drive Electric Bike Slipstream Electric Bike Momentum Electric Bike 

Freeway Electric Bike Impulse Folding Electric Bike   

 

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    Learn More: Electric Bike Maintenance

    Learn More: The Benefits of an Electric Bike

    Learn More: Bike Helmets | How to Wear Them

    Learn More: Motor Hub Comparison

    Learn More: FAQ

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