Your employee on their dream bike

Employer and employee mutually conclude an addendum to the employment contract before the employee is capable of starting a lease contract. Lease a Bike provides an example of this in which agreements are included in the event of premature termination. In this construction, the employer first makes sure the remaining lease funds are fully covered, to recount it to the employee. t is also possible for the employee to take over the bicycle, whereby the set price is deducted from the remaining lease installments. If an employer does not include this, Lease a Bike offers three other options to minimize the risk for the employer:

1. Employer has the option to pay off the remaining lease installments (without service and insurance costs);

2. Employer finds another employee to take over the existing lease contract;     

3. Employer can return a maximum of 4% of the active lease contracts to the lease company free of charge and without penalty. 

Every month, there's new employees entering the lease plan. To minimize the workload for you, all lease contracts always start on the 1st of the month.

Example: an employee picks up his bike on the 22nd of the month, then the contract for the administration will only start on the first of the following month.

For an overview of all active leasing contracts, you can easily get a monthly export from our platform with an overview of all employees with a leasing contract. In the payroll administration, you enter the following based on the export:

• Start date of contract 

• The monthly lease amount - this is the same amount each month for a period of 36 months

With a lease bike in your near future you are already well on your way, but a bicycle allowance makes it complete! As an employer, you may pay a tax-free bicycle allowance up to 24 cent per cycled kilometer that the employee travels in commuting. There is no obligation to provide a bicycle allowance as this is separate from bicycle leasing.

There is no benefit in kind (voordeel alle aard) voor employees when the bike is regularly used for commuting from home to work. It is advised to use a bike policy where the regular use is agreed between employer and employee.