Fuck Cars

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A place to discuss problems of car centric infrastructure or how it hurts us all. Let's explore the bad world of Cars!

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Rachel Reeves to cut tax benefits for workers using salary sacrifice schemes to buy bikes (www.theguardian.com)

submitted 1 week ago by mjr@infosec.pub to c/fuckcars@lemmy.world

4 comments fedilink hide all child comments

Another floundering politician tries a bit of bike-bashing? When will they learn it doesn't work?

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[–] Wuzy@lemmy.world 13 points 1 week ago* (last edited 1 week ago)

The original £1,000 cap was axed six years ago after complaints

But many retailers have realised that some higher earners were taking advantage of the perk and bought bikes costing more than £10,000.

One government figure told the newspaper: “Cycle to work should be about helping ordinary commuters switch to greener travel, not giving tax breaks to high earners buying £4,000 e-bikes for weekend rides in the Surrey Hills. Taxpayers shouldn’t be footing the bill for luxury leisure.”

Sounds reasonable. I'm all for helping people buy bicycles. It's a great idea. But taxpayers shouldn't subsidize wealthy families purchasing super-expensive bikes.