For each employee with a benefit bicycle, you can find both the gross salary deduction and benefit value in the portal under Agreements click View (Eye) and finally Bicycle order. On the second day of each month, all information about your employees’ gross salary deductions and benefit values is also sent to your selected administrator.
Gross salary deduction
Entered as a deduction from the salary before tax.
The deduction covers the company’s total cost for leasing, insurance, and selected service packages.
Benefit value
Added to the salary as a taxable benefit.
Benefit taxation is required because the employee uses the benefit bicycle for private purposes.
Important when reporting taxes to the Swedish Tax Agency *
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Benefit value after tax reduction (SEK 3,000/year): Only the benefit value that exceeds the tax reduction of SEK 250/month (equivalent to SEK 3,000/year) is taxable as a benefit.
You can find this in the Benefit value after tax reduction column in both the portal and the benefit report.
* For questions about accounting and reporting, please contact your auditor or legal/tax advisor.