Hop onto the bike of your dreams

In the case of salary conversion, the employee receives a portion of the contractually agreed salary not in cash, but as a payment in kind for the period during which the company bike is made available. This means that a change is made by means of a supplementary agreement to the employment contract, in which the employee's future salary is reduced by a fixed amount (conversion rate) for the duration of the transfer of use. This then results in the tax and contribution benefit for the employee. In most cases, the imputed income is also subject to taxation. This is added to the monthly gross salary.

What does this mean exactly?

Gross monthly salary

+ taxation of imputed income

- Conversion rate

- All-round protection costs

= new gross monthly salary

- Taxes

- Taxation of imputed income

= net monthly salary

If you now compare the net monthly salary without the company bike with the net monthly salary with the company bike, you get the monthly costs for the company bike leasing.

Below are some explanations of terms.

Conversion Rate:

The conversion rate is the sum of the leasing rate and the cost of the selected all-round protection package, less any cost coverage by the employer The gross monthly salary is reduced by this conversion rate.

Taxation of the imputed income:

Depending on the form of the transfer by the employer, the use of the company bike is subject to taxation of the non-cash benefit. If a company bike is also provided for unrestricted private use as part of a salary conversion, the non-cash benefit must be taxed. The non-cash benefit from company bike leasing is calculated at a flat rate of 1% of a quarter of the gross list price (RRP) rounded down to a full €100, added to the taxable income and also taxed. This is also referred to colloquially as 0.25% taxation. The amount for the imputed income can be found in the calculation overview in the bike leasing calculator.

With the Lease a Bike service bike concept, you have a free choice of type and brand. We want you to be able to ride your dream bike. Get an overview of possible company bike leasing models in the Bikefinder or contact a bike shop near you for other bike models.

Your employer determines how many company bikes can be leased per employee. When you log in to the Lease a Bike portal with your access data, you will find information on the maximum number of bikes on the start page. If your employer allows you to lease several company bikes, it doesn't matter who is using the company bikes.

You can also lease several company bikes with your existing order code. You can choose a different dealership or a later date. The code is only no longer valid once the maximum number of bikes has been reached.

If more than one company bike can be used privately free of charge or at a reduced price under the employment contract, the pecuniary benefit of providing the company bikes for private use must be calculated for each company bike in accordance with the 1% rule.

Note: In the case of the company bike, the assessment basis for the taxable non-cash benefit is quartered and rounded down to the nearest hundred. This corresponds to 0.25% taxation.

Yes, you can use your company bike for private purposes.