Cycling

Treasury written question – answered on 25th July 2018.

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Photo of Stephen Kerr Stephen Kerr Conservative, Stirling

To ask the Chancellor of the Exchequer, what assessment he has made of the financial benefits for the public purse of the Cycle to Work Scheme.

Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General

The Government has not made an assessment of the financial benefits of the Cycle to Work scheme. Bicycles provided under the scheme are tax exempt and so no data is reported to HMRC.

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