Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the cost to the public purse has been of the Cycle to Work scheme in each of the last five years; and what estimate he has made of the cost to the public purse of that scheme in each of the next two years.

In May 2020, the cost of the Cycle to Work scheme in 2018/19 was published in the Non-Structural Tax Relief statistics: https://www.gov.uk/government/statistics/main-tax-expenditures-and-structural-reliefs

In addition to this, the cost of the Cycle to Work scheme (rounded to nearest £5m) for each of the last five years has been estimated as follows:

The cost of the Cycle to Work scheme for the next two years has not been estimated.