Trusted by 15,000+ people
Trusted by 15,000+ people
FiscFree Bicycle Plan
A new bike with tax benefitsDoes your employer offer a bicycle plan? Then you can purchase a new (electric) bike with an average tax benefit of 40%. This also applies to insurance and maintenance!
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Up to 40% tax benefit on your new bike
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Also include insurance and maintenance.
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Easy to arrange through your employer
Easy to arrange through your employer
Consult with your employer
Consult your employer to find out whether you may purchase a bike through the bicycle plan and, if so, up to what purchase value. Your employer can handle the administration themselves or choose to transfer it to an intermediary such as Nationaal Fietsplan (NFP).
Choose your new bike
Order your new bike from GoFatbike.nl. Does the bike you want to purchase exceed the maximum amount allowed by your employer’s bicycle plan? Then you will need to pay the difference yourself.
Choose your payment method
There are three payment options:
• You pay yourself and claim the purchase amount from your employer
• Your employer pays (we send the invoice to your employer)
• Payment is made through an intermediary such as Nationaal Fietsplan (NFP)
How does the tax benefit work?
Bikes at a Discount through the Bicycle Plan
Your employer offers a bicycle scheme. But how do you get a tax benefit from it? You choose a new bike yourself, but your employer pays for it. In effect, you owe your employer the amount, which you can repay through a temporary reduction in your gross salary. Because your gross salary is temporarily reduced, you also pay less income tax. That is where the benefit lies!
A bicycle is one of the most popular employee benefits. With a bicycle scheme, you can purchase a new (electric) bike with a tax benefit. And that benefit averages around 40%. The great thing is that this tax benefit also applies to insurance and/or maintenance.
Benefits of the bike plan
Calculation example
Suppose you buy a bike for €1,000. This means you also pay €1,000 × 40% = €400 less tax at the end of the year. So you get to keep that money! You did receive €1,000 less in wages, but in exchange, you received a bike of the same value.
As a result, you saved €400 in taxes—taxes you would have had to pay if you had received €1,000 more in wages. Since you can now keep that €400, the bike did not cost you €1,000, but €1,000 - €400 = €600. The 40% tax on your wages has effectively become a 40% discount on your bike.
Calculate your savings
This calculation example is an indication only, and no rights can be derived from it.
View all fatbikes
Ready to take advantage of the bike plan?
Buy your fatbike from GoFatbike.nl and save up to 40% through the FiscFree bike plan. Easy to arrange through your employer.
