The government wants to eliminate the tax benefit for employee bicycles – this is how the decision would affect it in practice
3 Articles
3 Articles
The government wants to eliminate the tax benefit for employee bicycles – this is how the decision would affect it in practice
The tax break for company bikes will soon be over if the government's plans come to fruition. We asked what company bike users should understand about it.
The abolition of the employee bicycle tax benefit affects over 100,000 Finns - read how here
The bicycle benefit, which came into effect at the beginning of 2021, has gained great popularity in just a few years. According to the government's plans, the tax benefit would also be removed for those who have already purchased a company bicycle.
Over 100,000 people bought a company bike – Now the benefit is going away
Bicycle dealers were outraged by the government's proposal. As part of its interim decisions, the government plans to remove the tax exemption for employee bicycles from the beginning of 2026. An employee bicycle paid for by an employer as part of the salary or on top of the salary has been a tax-free benefit in earned income taxation up to 1,200 euros. The 1,200 euro benefit can be paid by deducting 100 euros per month from the employee's gross…
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