Let’s talk about the latest trend for companies to lease e-bikes to their employees as an employee benefit.
E-bike leasing is becoming increasingly popular among companies. But what are the requirements for companies to lease electric bicycles? Furthermore why are so many companies hopping on this trend?
Advantage 1: Low costs for companies and employees
In the age of corporate benefits, more and more companies are offering their employees attractive special bonuses or benefits. A few years ago very lucky employees were offered a company car. But now companies provide employee discounts to local gyms, public transportation vouchers and even rent e-bikes. Since the beginning of 2020, new regulations for salary conversion models for e-bikes or bicycles that have been leased by the employer have been in effect. As a so-called monetary benefit, the employee is charged 0.25% of the gross list price of the bike on his or her taxable salary. The principle behind this is as simple as it is profitable for both sides. The employer finances the employee bike from the employee's gross monthly salary and in return, the latter may use the bike both professionally and expressly privately. If the employer pays the full costs, the employee's salary conversion will not apply. At the same time, there is no taxation of the monetary benefit, provided that bicycles are concerned with pedelecs up to 25 km / h. The 0.25% rule applies to S-Pedelecs (up to 45 km / h), regardless of who pays the leasing costs. If you don't want to buy the bikes yourself, e-bike sharing is worthwhile.