Netherlands Will Pay You Tax-Free Rs 16 Per Km For Riding Cycle to Office
Tuesday, March 12, 2019 IST
Many countries in Europe offer rebate on tax for buying a cycle, to promote cycling as opposed to burning fossil-fuels.
Netherlands is one of those rare countries in the world where more people prefer cycle over cars or bikes. In fact, there are studies that have found that the Netherlands has more bicycles than people. The people of Netherlands prefer cycling so much so that it accounts for almost half of all journeys between home and work in the city of Amsterdam alone. No doubt the country calls itself the “unrivalled number one bicycling nation” in the world.
While government supports cyclists across the Netherlands by building world-class infrastructure in the form of separate bike paths, parking and safety of cycle, they have gone one step ahead to incentivize the Dutch people who ride cycles in the form of tax credits.
For every kilometre cycled, you can earn an extra $0.22 (Rs 16) tax-free, that will be paid by the company you are working for. The only condition is – the money will be paid only for cycling to work and not for recreational or personal purpose. And that is why the government has asked the companies to pay their employees per kilometre of cycling to the work.
In the U.K. too, the Cycle to Work scheme allows employees to get discounted bikes and equipment through their employer. A similar tax-free bike-purchase scheme operates in Belgium and the Netherlands.
Many countries in Europe offer rebate on tax for buying a cycle, to promote cycling as opposed to burning fossil-fuels.
Related Topics
Trending News & Articles
Troubles mount for Pakistani actress Saba Qamar as a sensational new video from her controversial photo shoot has made its way on the Twitter. A few days ago, Saba ...
Recently posted . 10K views . 6 min read
Actress Hansika Motwani is the latest to fall prey to the evil side of the internet as her private swimsuit pictures got leaked online without her consent. The Sout...
Recently posted . 7K views . 2 min read
It’s a lazy spring afternoon. You are at home and relaxing lousily on your couch but overall you are getting bored and searching means to entertain yourself. ...
Recently posted . 6K views . 4 min read
In his five-very long term vocation, Bhupinder Singh had worked with the greatest names of the music business, from Mohammed Rafi to Lata Mangeshkar.
Recently posted . 6K views . 1 min read
More in Global
Sinha himself does not deny the existence of the casting couch. "I completely agree with both Saroj and Renuka. I know the kind of compromises girls have to ma...
Recently posted. 867 views . 1 min read
Amitabh Bachchan's granddaughter Navya Naveli Nanda is frequently in news for the dribble commendable pictures she posts from her occasions abroad, and signific...
Recently posted. 1K views . 69 min read
A music star has started ruling the internet and has won hearts online with her giant teeth, big lips, four legs and melodic braying. Yes it’s not a human!
Recently posted. 921 views . 1 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 2K views
Recently posted . 2K views . 42 min read
Recently posted . 2K views . 38 min read
Vidya Balan talks about body-shaming in a video that went viral on the web in no time. She can be seen crying and singing Bollywood songs in the video.
Recently posted. 1K views . 1 min read
The group, Parents Television Council, has penned a letter to Netflix CEO Reed Hastings, saying that the Argentinean film shows nine-year-old girls indulging in s...
Recently posted. 902 views . 1 min read