I am an employer in the form of a company and I decide to make bicycles available to my employees, can I deduct the costs of the bicycles for tax purposes?
In principle, yes, all bicycle expenses and mileage allowances for bicycles are deductible for corporate tax purposes in order to encourage green mobility. However, depending on how the bicycle was acquired, the company will have to account for and deduct the bicycle costs differently.
Indeed, the company can choose either :
- To buy a bike
- Leasing a bike with a purchase option at the end of the contract
- To lease a bike without an option to buy = Renting
It should be noted that when the employer is a natural person, the deductibility is increased to 120%!
Making a bicycle available to employees is therefore fiscally advantageous for the employer. In addition, it is advantageous for the employee because no benefit of any kind (NTB) will have to be accounted for the private use of the bicycle. In other words, the employee will not pay any tax or social security contributions on the benefit granted to him.
