Company Bike Scheme: Who Qualifies and What You Get
Learn how to use the Company Bike Scheme to lease a bicycle through your employer with tax advantages.
The Company Bike Scheme allows you to lease a bicycle through your employer in a way that is more tax-efficient than buying one yourself.
Who it's for
This scheme is available to employees.
What you get
You can access tax-efficient leasing for a bicycle, often referred to locally as a Leasefiets. This allows you to get a bike through your workplace rather than paying for it entirely out of your own pocket.
What it costs you
There is no direct fee to join, but it results in a small addition to your taxable income. This means your taxable income is slightly higher, which is how the tax benefit is balanced.
The catch to know
This is not a government program you can sign up for independently; it requires your employer to participate in the scheme.
How to apply
- Check with your employer to see if they participate in the scheme.
- Select the bicycle you wish to lease.
- Follow your company's internal process to finalize the leasing agreement.