Business

Does the bike-to-work rule also apply to people who work from home?

blank

Q Can you clarify if the bike to work program is available for teleworkers? I used to work locally in Dublin Dockland prior to Covid-19 but have recently heard from my employer that I will be given the option of longer term remote work if I wish to continue with this. I wanted to use the bike-to-work program before the pandemic, but didn’t get around to it. Now I’m worried that I won’t be able to apply anymore as technically I don’t commute to the office for work.

A The Revenue Commissioners’ current position seems to imply that employees who are now working from home could still be eligible for the scheme. However, more clarification is needed on this point, according to director of financial advisory firm Taxback.com, Barry Cahill. The tax authorities currently state that you must use your bicycle for all or part of your commute to work and that you can use your bicycle outside of that for leisure. But it doesn’t say how many trips to or from work you’ll need to make over the course of the year, which is a potential sticking point in terms of the scheme’s application to remote workers, Mr Cahill said. The earnings also indicate that employees who work from home can take advantage of the program if the bike is used for work-related commutes – so things like trips to the post office or into town to buy office supplies or work-related gear, etc .

https://www.independent.ie/business/personal-finance/does-the-bike-to-work-scheme-apply-to-people-working-from-home-41648401.html Does the bike-to-work rule also apply to people who work from home?

Fry Electronics Team

Fry Electronics.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@fry-electronics.com. The content will be deleted within 24 hours.

Related Articles

Back to top button