PARLIAMENTARY WRITTEN QUESTION
Bicycles: Tax Allowances (9 May 2023)
Question Asked
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of providing tax relief on the (a) purchasing and (b) servicing of bicycles.
Asked by:
Navendu Mishra (Labour)
Asked by:
Navendu Mishra (Labour)
Answer
Tax relief on bicycles is already available through the Cycle to Work scheme, which was introduced in 1999 to promote cycling with the purpose of encouraging healthier journeys to work and reducing environmental pollution by encouraging new cyclists to commute to work by bicycle.
The self-employed can in some circumstances claim expenses relating to a bicycle to obtain tax relief.
Answered by:
Victoria Atkins (Conservative)
15 May 2023
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