Company bikes

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A company bike is a bicycle leased by an employer for an employee, which may also be used for personal leisure time.

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Offering a bike benefit doesn’t require much from the employer, but it has significant positive impacts on staff health, exercise habits, alertness, and productivity. In today’s competitive job market, building a positive employer image is crucial – incorporate company cycling into your strategy. Request more information from us on providing company bikes for your staff.

We collaborate with the company bike providers listed above. Get to know them, select the most suitable partner for your company, and let’s get the wheels rolling!

Tax-free fringe benefit

Calculate your benefit

Select the price of the bike including accessories, your monthly salary, and how your employer offers the bike benefit.

2 000 2 200 €/kk

Usually, the bike benefit is offered as part of the salary, where the value of the bike benefit (100 €/month) is deducted from your gross salary. The employer can also offer the bike benefit entirely or partially on top of the salary. Check the policy from your employer's bike benefit policy.

Total cost when redeemed
1 740 2 000
Your savings
13 % 260
Rental period
24 kk
Deductions from gross salary
2 400
Impact of the bike benefit on income taxes
−760
Redemption price of the bike at the end (5%)
100

Detailed information

Verovapaan pyöräedun palkasta vähennettävä osuus piententää verotettavia tulojasi, joiden perusteella veroprosenttisi määritetään. Pyöräedun säästö syntyy, kun veroprosenttisi pienenee ja maksat vähemmän tuloveroja.

Taxable income without the bike benefit
2 200 €/kk
Tax rate without the bike benefit
11,2 %
Income tax without the bike benefit
246,14 €/kk
Taxable income with the bike benefit
2 100 €/kk
Tax rate with the bike benefit
10,2 %
Income tax with the bike benefit
214,46 €/kk
Impact of the bike benefit on income tax
−31,68 €/kk
  • Laskuri olettaa, että kuukausipalkkasi vastaa tulojasi verotuksessa. Mikäli sinulla on merkittäviä verovähennyksiä, niin huomioi nämä kuukausipalkassa.
  • Tax rate estimates are calculated with an average municipal tax rate for a person liable to pay church tax.
  • A precise municipal tax rate or church tax liability does not affect the magnitude of the tax rate change.
  • Savings in taxes paid are calculated by comparing the taxes payable before and after the introduction of the bike benefit.

Ostopaikan ja pyörän voit valita vapaasti ja hankintahinnaksi katsotaan aina valitsemasi toi neuvottelemasi hinta alennuksineen.

Pyörän kuukausivuokra on aina 100 €/kk (sis. alv 24%), joka sisältää pyörän lisäksi aina kattavan vakuutuksen sekä rahoituksen kustannukset. Tästä syystä vuokra-aika ei ole suoraan pyörän hankintahinta jaettuna sadalla eurolla, vaan joitain kuukausia tätä pidempi. Kaikissa laskelmissa kaikki pyörään liittyvät kustannukset on jo valmiiksi huomioitu, joten sinun ei tarvitse näitä erikseen laskea.

Purchase price of the bike with accessories
2 000
Rental period
24 kk
Deduction from gross salary (monthly rent)
100 €/kk
Total deductions from gross salary
2 400

The calculation assumes that you will redeem the bike for yourself at the end of the contract period and considers the redemption price of the bike, which is 5% of the original purchase price of the bike. Savings are always compared to the situation where you buy the same bike at the same price without the bike benefit.

Total deductions from gross salary
2 400
Redemption price of the bike (5%)
100
Impact of the bike benefit on income taxes; ?>
−760
Total cost when redeemed; ?>
1 740
You save with the VM Sport Bike Benefit; ?>
260

Latest

Effortless company cycling


Since the bike benefit was introduced at the beginning of 2021, company cycling has not only gained media attention even in mainstream media but has also grown exponentially in popularity. What is it all about? A company bike is a bicycle leased by an employer to an employee, which may be used legally during personal leisure time as well. Using the bike benefit doesn’t obligate the employee to cycle for all commutes nor does it impact other benefits or compensations.

Why a company bike from VMSport?

Our company bike partners specialize in providing company bikes. They manage all tasks related to the acquisition and management of company bikes, so no extra tasks arise for the employer. We partner with most companies in Finland offering company bike acquisition and management services, providing you and your employer with the option to choose the best partner.

Effortless company cycling


For employees, a company bike offers the opportunity to acquire a high-quality bike at a very affordable price. There is no need for upfront payment, as its taxable value is deducted from the salary monthly. If desired, the employee can purchase the bike for themselves with a predetermined percentage of the purchase price. Different service providers may have variations in agreements, but often the purchase is possible for about 5% of the purchase price.

Where do the savings come from?

Because the bike benefit is a tax-free fringe benefit for employees, you don’t have to pay taxes on the portion of the salary covered by the bike benefit. The common practice to utilize this benefit is that the employee withholds the taxable value of the bike benefit from the salary, which also reduces your income by the same amount as the taxable value. And when your taxable income decreases, so does your tax rate. Your salary level affects the advantage you gain from the bike benefit. By purchasing the bike after the lease period, the average Finnish employee saves around 20-25% of the purchase price compared to a scenario where the bike was bought directly without the benefit.

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