Bicycle allowance

A company can pay its director a fixed, tax-free allowance for commuting by bicycle, on top of salary and other benefits. Like the other vouchers and allowances, it reaches the director nearly whole because it escapes both personal tax and social contributions — a raise of the same net value through salary would cost far more.

This article is general information for a one-person company (BV/SRL), not tax advice. Rules and figures change — confirm your situation with your accountant before acting.