Calculate how the bike benefit will impact your salary and the length of the contract
If the bike benefit is offered as part of your salary, your take-home pay will be reduced by €100. This also reduces your taxable income by €100 per month, which reduces your tax rate. Use our company bike calculator to work out how this impacts your salary.
Enter your gross salary and tax rate into the calculator. The calculator will give an estimate of how the bike benefit would impact your net salary. The tax incentive that the company bike brings is worth up to €1200 per year for the employee.
The taxable value of the bike is always €100 per month until the end of the contract. The length of the contract depends on the price of the bike and any accessories.
| Monthly gross salary without the benefit | € |
| Your tax rate | % |
| Monthly gross salary with the benefit | 0 € |
| Bike benefit | 100 € |
| Tax withheld from salary with a tax card | 0 € |
| Pension contributions from salary | 0 € |
| Unemployment insurance contributions from salary | 0 € |
| Tax withheld from salary with a tax card (with the benefit) | 0 € |
| Net salary without the benefit | 0 € |
| Net salary with the benefit | 0 € |
| Reduction in the net salary | 0 € |
How long the bike benefit will be taken off your salary, i.e. the duration of your leasing contract with FleetBike, depends on the purchase price of the bike. Calculate how long the contract would be for your chosen bike. Remember to also include the accessories included in the purchase price.
The taxable value of the bike is always €100 per month until the end of the contract. The length of the contract depends on the price of the bike and any accessories.
Find out the contract length for your bike. The length of contract provided by the calculator is for guidance only.
Do you have any questions about how the company bike is taxed? Find out more on our page about taxation.
Come along to our live information event about FleetBike company bikes on Teams (in Finnish). There will also be time for you to ask questions.
