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
Related News & Articles
In monsoons, there’s overcast skies, a drizzle or a downpour. They evoke all kinds of emotions in our lives. People celebrate monsoon with favourite songs and...
Recently posted . 708 views . 3 min read
HIGHLIGHTS
• It is getting tougher for H-1B visa holders to switch jobs
Recently posted . 746 views . 5 min read
London: The Italy Police has seized 37.5 million pills of medication, tramadol, utilized by Islamist warriors.
Tramadol is an engineered opioid-like medi...
Recently posted . 717 views . 20 min read
As far as food-related idioms go, the potato has plentiful. And the Atlas Obscura article pares beautifully through centuries of history and geography, linguistic...
Recently posted . 837 views . 3 min read
There are multiple things we juggle with on an everyday basis. Our work, friends, family, social media, etc. Now add all these everyday things and look at the yea...
Recently posted . 773 views . 3 min read
Trending News & Articles
ALMATY: Hour upon hour, day upon day, Omir Bekali and other detainees in far western China's new indoctrination camps had to disavow the...
Recently posted . 209K views . 1 min read
If you have payed attention to the belly buttons of people on the beach or the members of your family, you have probably noticed that they have different shapes and...
Recently posted . 10K views . 2 min read
The Langya henipavirus has a place with a similar group of infections, including Nipah, which is known to kill up to 3/4 of people in extreme cases.
Recently posted . 5K views . 1 min read
Queen's death: The eldest of her four children, Charles, Prince of Wales, who at 73 was the oldest heir apparent in British history, became king immediately...
Recently posted . 5K views . 1 min read
More in Global
There’re only three persons in your life that you fall in love with. You fall in love with each of them for a reason.
T...
Recently posted. 702 views . 2 min read
Senate minority leader Chuck Schumer has called for an investigation into FaceApp, which alters users' photos to make them look older or younger.
Recently posted. 644 views . 1 min read
1.The generals wanted Mugabe to go, but they also wanted a peaceful "coup,"
2.The president finally acc...
Recently posted. 788 views . 4 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 3K views
Recently posted . 1K views . 49 min read
Recently posted . 3K views . 52 min read
Islamabad: Pakistan’s former military ruler Pervez Musharraf has once again expressed his fondness for Jamaat-ud Dawah (JuD) chief and ...
Recently posted. 793 views . 1 min read
Miss-Know-It-All is getting hitched and her inner makeup queen holds no boundaries of excitement. She wants to Instagram all her wedding pictures with #makeuponflee...
Recently posted. 732 views . 1 min read