Tax Wiki for Netherlands / Bike

Bike

Everything you need to know about when you want to ride a company bike, how to get tax benefits from it and what rules you have to think about.

Tax addition when you buy a bike on the company

What are the tax additions when you buy a bike with your company. We show you how it works for your taxes and what the benefits are.

A company bike, how does it work?

If you are a registered business in the Netherlands, and you use your bicycle for more than 10% of the time for business purposes, then you can register your bike on to your company. It is easy to reach the 10% in business trips and to earn the fiscal benefits of putting your bike on the company.

Bike Depreciation for a Sole Proprietor

The cost of buying a bike for your sole proprietorship (one man business) is considered as a business cost. This business cost lowers the income that you have to pay income tax over, because business expenses can be deducted from your profits. By purchasing a bicycle for business purposes, you receive a tax discount on your income tax.

VAT Business Costs Company Bicycle

The VAT of the business costs of a company bicycle are deductable from your taxes. Which costs are deductable and when? Learn more on how to properly register your bike expenses.

VAT deduction new bike

The VAT on the purchase of a business bicycle for your sole proprietorship can be deducted from your taxes. However, there are certain requirements for deducting the VAT of your bike which are discussed in this article.