Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of including the cost of a bike as an allowable expense on self-employed workers’ self-assessment, to ensure all workers can participate in the Cycle to Work scheme, regardless of their employment status.

On 29 April 2021 officials from the Department for Transport met with the Cycle to Work Alliance along with officials from the Department for Business, Energy and Industrial Strategy, Her Majesty’s Revenue and Customs and Her Majesty’s Treasury to discuss the Alliance’s Report, which included a proposal to extend the Cycle to Work scheme to the self-employed. The report’s recommendations will be considered carefully to establish whether and how the Cycle to Work scheme could be improved.