Question to the HM Treasury:

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.

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.