On-Air Now
Facebook

400 more people cycling to work

Wed, 19 Dec 2018


Employers are taking advantage of the Isle of Man Government’s Cycle to Work tax exemption and helping staff stay healthy.

The measure was introduced by the Treasury in April 2017 as part of the 2017-18 Budget by Treasury Minister Alfred Cannan MHK.

The change was designed to improve the fitness and health of Island residents and enables businesses to take advantage of a benefit in kind tax exemption by buying a bike on behalf of an individual.

More than 400 transactions have taken place so far, with all sales having to be completed through on-Island bike shops as part of the exemption rules.


 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed