Since the beginning of 2021, the bicycle benefit given to employees is tax-free income up to €1,200 per year (€100 per month)
The benefit can typically be obtained as part of a salary, in which case a certain
amount is deducted from the employee's wages monthly. The discount/tax benefit
received by the employee is generally equal to his or her tax rate (more specifically
the marginal tax rate).
Some employers offer an advantage in addition to wages, i.e., in practice as a
wage increase.
Try the Calculator and find out how much you could potentially gain from a benefit bike: Benefit Bike calculator.
The bike benefit is part of the commuting benefits. The commuter benefit is tax-free for employees up to €3,400 / year. Thus, after €1,200 / year bike benefit, there is still €2,200 / year to be used for the other commuting benefits.
Using the employee bike benefit doesn’t automatically reduce the cost of commute
tax deduction of other vehicles.
Check more information directly from the tax authority 👉 Vero.fi - Bicycle Benefit