Bike leasing for civil servants. Is that possible?

How does bike leasing work for public services?

There are three possibilities:

1. Employees exchange some or all of their gross year-end bonus in exchange of a leased bike.
2. They exchange their vacation days that exceed 28 legal for cycling. Local boards decide how many days to convert and how to do so specifically.
3. Or they exchange their bike allowance in for a leased bike. Please note that only the net amount of the bike allowance can be exchanged. The exchange therefore does not provide a tax benefit, unlike e.g. when exchanging the end-of-year bonus. Finally, these must be personal bike allowances granted on the basis of actual bike kilometers ridden. They must not be lump sums.

This allows employees to allocate part of their salary flexibly towards cycling and related services. Cyclis Bike Lease offers an operating lease formula that includes a flexible maintenance budget, comprehensive insurance and roadside assistance. You can also lease all kinds of accessories such as a bike helmet, a GPS, a bike bag,… This way you can hit the road fully equipped and carefree !

Can any employee lease a bike for tax purposes?

Local boards decide whether to offer their staff a bike leasing plan, and each employee may decide individually whether or not to use it.

Bart Somers, the Flemish Minister of Home Affairs, says: “I am convinced that many people will respond to this. Local staff often have a connection with the city or municipality for which they work and thus often live in the region. For those people, the bike is often an ideal means of transportation to work.”

Cyclis Bike Lease only offers bike leasing to companies and their employees. Thus, the company must first join before employees can lease a bike. Are you an HR person in charge and would like to hear about the different possibilities? You can send us an e-mail at sales@cyclis.be if you need more info. Our experts will be happy to help!