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Written question asked by Richard Holden (Conservative) on Monday, 1 December 2025, in the House of Commons. It was due for an answer on Wednesday, 3 December 2025. It was answered by Dan Tomlinson (Labour) on Thursday, 4 December 2025 on behalf of the Treasury.


Cycle to Work Scheme

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.

Answer

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


Secondary information

Type
Written question
Reference
95724
Session
2024-26
Subjects
Cycle to work scheme
Contains statistics
Yes
Link
View this Written question on www.parliament.uk