The "Bike to Work" tax break scheme is to be extended for another five years.
The service brought in by the Green Party in 2009 allows commuters to get a free bike worth up to a thousand euro through their employer.
Anyone who availed of the Bike to Work scheme in 2009 is now entitled to get a second bike worth the same amount.
The announcement comes as the Irish Cycling Show takes place at Dublin's RDS today.
