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
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 . 224K 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 . 6K 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 . 6K views . 1 min read
More in
Touching the feet is a very common gesture that we used to give our elders. Since ancient times we are practicing this culture. This article deals with the scientif...
Recently posted. 2K views . 2 min read
Looking at a situation that we ourselves are in objectively, requires a lot more than we think
Recently posted. 855 views . 0 min read
Of the group, the only well-known name is aerospace giant Lockheed Martin, which has a long track record of success with NASA and built the InSight lander that touc...
Recently posted. 1K views . 1 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 2K views
Recently posted . 4K views . 140 min read
Recently posted . 4K views . 52 min read
An India Today team travels exclusively with commandos fighting Left-wing extremists in Maharashtra.
Recently posted. 972 views . 0 min read
The hybrid expedition cruise ship, the Roald Amundsen, can take 500 passengers and is designed to sail in harsh climate waters.
Recently posted. 987 views . 0 min read