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Green in a suit in the rain!

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  • Green in a suit in the rain!

    Ireland had it's first budget today, since the economic recession set in..here is one of the government's proposed solutions....


    Cycle to work scheme
    From 1 January 2009, the provision of bicycles and associated safety equipment by employers to employees who agree to use the bicycles to cycle to work will be treated as a tax exempt benefit-in-kind. The exemption may only apply once in any five year period in respect of any employee. There will be a limit on the value of such purchases of €1,000 for each employee. The scheme may also be implemented via salary sacrifice arrangements, whereby an employee agrees to forego part of his/her salary to cover the costs associated with the purchase of the bicycle and associated safety equipment. Where such salary sacrifice arrangements are implemented, they must be completed over a maximum period of twelve months.


    Yeah right...anyone for the M6 on a Raleigh?
    Last edited by Fleegle; 14, October 2008, 09:51 PM.
    Don't Stop Believing

    http://youtube.com/watch?v=rnT7nYbCSvM

  • #2
    Re: Green in a suit in the rain!

    well it's reassuring to know that the UK isn't the only government letting things go down the swanny!
    “It's not worth doing something unless you were doing something that someone, somewhere, would much rather you weren't doing.”

    Terry Pratchett

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    • #3
      Re: Green in a suit in the rain!

      I've done loads of cycle commuting upto about an hour's ride (maybe 15 miles or so); just take a clean shirt neatly folded in the pannier. No probs.
      Employed again... paid holidays! Yipee

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