Cycle to Work and Travel Pass Scheme

The University of Galway campus is very accessible to commuters, and there are a number of options and discounts available to employees commuting to and from work, such as the Cycle to Work scheme and the TaxSaver Travel Pass scheme.

 Cycle to Work

The Cycle to Work scheme is a tax incentive which aims to encourage employees to cycle to and from work. The scheme allows employees to purchase a bicycle and associated equipment tax free up to the value of €1,250 for a bicycle, €1,500 for an e-bike, and €3,000 for a cargo bike. Employees can avail of the scheme once in a four-year period, which applies even if you do not purchase equipment up to the applicable limit. The tax year in which the bicycle or equipment is provided counts as the first year, so if you used the scheme in 2023 (regardless of the month) you would be entitled to the relief again during 2027 (from January).

If you would like to apply for the Cycle to Work scheme, you need to submit the original invoice from the bike company (ensuring that it is made out directly to University of Galway) for your selected bike / equipment, together with the Cycle to Work application form to the HR Office and we will process same for you. Please submit the invoice and University of Galway application form to 'Cycle to Work', HR Office, University of Galway or drop it into the office. We will process your application and liaise directly with the bicycle vendor to confirm that the order has been processed and arrange payment.

How do the Schemes work?

If you had purchased the bicycle or travel pass yourself, you would be purchasing it with your net pay – your pay before all tax has been deducted. The way the schemes work is that you are paying back the cost of the bicycle or travel pass with your gross pay; therefore, you are not paying PRSI, USC or income tax on the repayments for the bicycle or travel pass. Because of this, you end up saving on the cost of the bicycle or travel pass through the small amounts of tax that you are saving each month.

One of the conditions of both schemes is that they must primarily be used for the commute to work (or parts thereof) or travel between work places. Both schemes are applicable to all employees, are available year-round, and can be used concurrently.

For further information on both schemes, please contact marianne.mcnally@universityofgalway.ie.

Application Form:

Cycle to Work Application Form