As an employer, I am wondering if there are any obligations on me regarding the correct use of the scheme.
Eg. If I know I have an employee who is planning to buy a bike on the bike to work scheme, but it is for someone else.
Someone else is also an employee.....
Employee 1 pays tax, someone else doesn't earn enough to pay any tax.
Should I allow them to avail of the scheme?
Quote from revenue
Employer records
All records in relation to this scheme can be examined by Revenue as part of normal inspections.
Failing to operate the scheme correctly will result in the benefits being withdrawn from both you and your employee.
Eg. If I know I have an employee who is planning to buy a bike on the bike to work scheme, but it is for someone else.
Someone else is also an employee.....
Employee 1 pays tax, someone else doesn't earn enough to pay any tax.
Should I allow them to avail of the scheme?
Quote from revenue
Employer records
All records in relation to this scheme can be examined by Revenue as part of normal inspections.
Failing to operate the scheme correctly will result in the benefits being withdrawn from both you and your employee.