Daniel Zeichner – 2015 Parliamentary Question to the HM Treasury
The below Parliamentary question was asked by Daniel Zeichner on 2015-12-15.
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 17 November 2015 to Question 15349, if HM Revenue and Customs will expand the tax exemption associated with the Cycle to Work scheme to provide employees with access to tax-free physical activity accessories and personalised activity plans for themselves and their families.
Mr David Gauke
The tax exemption associated with the Cycle to Work scheme is for the loan or hire by an employer to an employee of a cycle or cyclist’s safety equipment. It was established to promote healthier journeys to work and to reduce environmental pollution. This and all other tax exemptions are kept under review.