Cycle to work calculator Annual Gross Salary (€): Cost of Bicycle/Equipment (€): Type of Bike: Standard Bike (€1,250 limit) Pedelec/E-Bike (€1,500 limit) Cargo/E-Cargo Bike (€3,000 limit) Calculate Savings Income Tax Saved (20%): € USC Saved (5%): € PRSI Saved (4%): € Total Savings: € (%) Net Cost After Savings: €