Cycling: VAT

Treasury written question – answered on 22nd April 2021.

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Photo of Thangam Debbonaire Thangam Debbonaire Shadow Secretary of State for Housing

To ask the Chancellor of the Exchequer, if he will review the level of VAT levied on the Cycle to Work scheme following the UK's withdrawal from the EU.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

There are no current plans to change the VAT rate on the Cycle to Work Scheme. VAT registered businesses are normally able to reclaim any VAT incurred on the purchase of bicycles and safety equipment provided to their employees under the scheme.

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