The government says employers are taking advantage of the Island's 'Cycle to work' tax exemption.
The measure, aiming to keep staff healthy was introduced by the Treasury in April 2017 by Minister Alf Cannan.
It was designed to improve general fitness of Island residents and enable businesses to buy a bike on behalf on an individual.
More than 400 transactions have taken place so far, with all sales having to be completed through local bike shops as part of the measure.
Stop putting knives in recycling, says council
Douglas Council is asking people not to put knives in recycling boxes.
Bee Gees to release limited-edition box set
The Bee Gees are to release a special collector's set of their biggest hits this month - including previously unreleased material.
Northern Irish politician criticises Manx visa rules
Changes to Manx visa rules for fishing boats have caused a political row in Northern Ireland.
Elective surgical unit opens at hospital
Manx Care says its new Elective Surgical Unit is now open.
Piling rig on TT course tonight
A huge rig used to help build Peel's new sewage plant will be travelling along the TT course this evening.
10-day bus strike from next weekend
A bus strike later this month will see drivers walking out for 10 days.
Yellow snow warning issued by forecasters
Ronaldsway Met Office has issued a yellow weather warning for snow tonight.
Ramsey harbour keeper completes 3,000-Mile Atlantic crossing
A harbour keeper from Ramsey has completed an epic transatlantic voyage, sailing from Gran Canaria to St Lucia.
