§ Mr. BrakeTo ask the Secretary of State for the Environment, Transport and the Regions what estimate he has made of the depreciation associated with the average use of an average bicycle. [18791]
§ Dawn PrimaroloI have been asked to reply.
Tax relief for depreciation on the cost of a bicycle used for the purposes of a business or employment is available through capital allowances at 25 per cent. per year. The allowance is adjusted for any private use.