Ireland boosts cargo bikes with purchase tax incentive schem
Ireland boosts cargo bikes with purchase tax incentive scheme
Hopes cargo bikes can replace more family cars as Bike to Work limit increased to €3,000 in Ireland
23 November 2022
There are hopes more employers, employees and families will adopt cargo bikes for trips like shopping and the school run after the allowable limit for larger bikes was raised to €3,000 under the Bike to Work Scheme in Ireland this month.
The new increase of a €3,000 limit was sought by the Department of Transport to encourage greater use of cargo bikes, reported the Independent.ie
Cargo bikes can cost substantially more than regular bikes or e-bikes, both of which saw increases in the limits applicable for the Bike to Work scheme in 2020.