Part 4

Employment income: exemptions
Chapter 3

Exemptions: other transport, travel and subsistence

Cycles and cyclist’s safety equipment
244
1
No liability to income tax arises in respect of the provision for an employee of a cycle or cyclist’s safety equipment if conditions A to C are met.
2
Condition A is that there is no transfer of the property in the cycle or equipment in question.
3
Condition B is that the employee uses the cycle or equipment in question mainly for qualifying journeys.
4
Condition C is that cycles are available generally to employees of the employer concerned or, as the case may be, cyclist’s safety equipment is so available to them.
5
In this section “cycle” has the meaning given by section 192(1) of the Road Traffic Act 1988 (c. 52), and “cyclist” has a corresponding meaning.
Words in s. 244(1) substituted (with effect in accordance with s. 16(7) of the amending Act) by Finance Act 2005 (c. 7), s. 16(3)
Pt. 4 modified (10.6.2021) by Finance Act 2021 (c. 26), s. 26(3)