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Cycle to Work Scheme

Asked by Mr Richard HoldenConservativeTreasuryTabled Answered 4 December 2025UIN 95724

The question

To ask the Chancellor of the Exchequer, what the annual cost to the public purse is of tax reliefs provided through the Cycle to Work scheme.

Answered by Dan Tomlinson

The annual cost of the relief for the Cycle to Work scheme is available in last year’s publication of non-structural tax reliefs (‘Multiple tax type’ tab). In 2023-24 the estimated cost of the relief was £120m.Non-structural tax reliefs - GOV.UK

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