Video Series on Alternative Remuneration in Belgium – Video 1 / 8 : Transportation
In this video series on alternative methods of remuneration in Belgium we at Besox want to support you as employer to optimize your payroll
Video 1 : Transportation
You can reimburse your employee for his commute, the intervention is dependant on the chosen means of transport.
With public transportation there is, in some sectors, a compulsory intervention between 60 and 75% of the cost, you can however always intervene voluntarily up to 100%. This advantage is exempt from social security and is deductible.
With a bicycle there is, in some sectors, a compulsory intervention between 0,15 and 0,23 € per kilometer, you can however always intervene voluntarily. As an employer you may even intervene in the purchase of a business cycle. This advantage is exempt from social security and for 100 to 120% deductible.
With private transportation there is, in some sectors, a compulsory intervention between 60 and 75% of the price of a second class train ticket, you may however pay up to 0,3573 € per kilometer, this fee is tax free for the employee up to 400 € annually. This advantage is exempt from social security and is deductible.
A company car is still an attractive form of remuneration in Belgium, it is subject to Social Security (unless the car is not used for personal purposes) and for 50 to 120% deductible depending on the carbon emissions.
If the employee uses his own car to make trips for the company, you may reimburse this up to 0,3573 € per kilometer (limit = 24.000 km/year). When you grant this, we recommend that each employee keeps a log in which all movements are tracked so you can prove the reimbursements in case of social inspection.
You can give your employee a fuel card, if the employee has a company car, the fuel card is included in the benefit and the cost is 75% deductible. If the own car is used only the transportation for business purposes is exempt from social security and taxes.
For more information contact your payroll advisor.