questionText: To ask the Chancellor of the Exchequer, what the annual cost to the public purse is of tax reliefs provided through the Cycle to Work scheme.
answerText: The annual cost of the relief for the Cycle to Work scheme is available in last year’s publication of non-structural tax reliefs (‘Multiple tax type’ tab). In 2023-24 the estimated cost of the relief was £120m.Non-structural tax reliefs - GOV.UK 
heading: Cycle to Work Scheme