With the bike leasing service, you receive a comprehensive, worry-free leasing package that includes comprehensive insurance coverage and employer liability insurance for bicycles, e-bikes, mountain bikes, road bikes, touring bikes, or fat bikes. The company provides interested employees with a practical “company bike” suitable for everyday use on attractive terms, which can be used for both business and personal purposes. As a result of the tax reform effective January 1, 2020, the tax benefit previously granted to electric cars has now been extended to electric bicycles. As a result, company bicycles and company e-bikes are now clearly eligible for input tax deduction, and private use is also exempt from the benefit-in-kind tax.
In the case of bicycles and e-bikes, the employer acts as the lessee, pays the monthly installments, and provides the vehicle to its employees. Through the option of salary conversion, the employee receives a portion of their contractual compensation not in cash but as a benefit in kind for the duration of the company bicycle’s use. This means that the employer withholds a portion of the monthly salary equal to the lease payment, making the employer’s participation in the company bicycle program cost-neutral and requiring only minimal effort. In some cases, the company may be eligible for attractive subsidies.
