Written Question·Treasury·UIN 95724
Cycle to Work Scheme
Tabled: 1 December 2025
Answered: 4 December 2025
Question
Mr Richard Holden
Conservative — Basildon and Billericay
To ask the Chancellor of the Exchequer, what the annual cost to the public purse is of tax reliefs provided through the Cycle to Work scheme.
Answer
Dan TomlinsonThe annual cost of the relief for the Cycle to Work scheme is available in last year’s publication of non-structural tax reliefs (‘Multiple tax type’ tab). In 2023-24 the estimated cost of the relief was £120m.Non-structural tax reliefs - GOV.UK