bicycle tax deduction germany

September 29, 2020
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However, here my doubt comes: is there a minimum distance between working place and home to justify such deduction? These are my most popular resources: Anita Forrest is a Chartered Accountant, spreadsheet geek, money nerd and creator of www.goselfemployed.co - a UK small business finance blog where she shares help and advice with the self-employed community to make topics like registering a business, bookkeeping and taxes easy to understand. It is regularly updated by CycleCompetence member klimaaktiv.mobil, an initiative by the ministry for the environment BMNT. For the Calendar year Jan to Dec, the annual tax return filing can be done before 31st of May in the following year. Many travel expenses for your job may be tax deductible. Be sure to keep receipts, mileage logs, and any other documentation that can prove the costs you incurred while on the job. After 20 days, comments are closed on posts. If both the partners work, the person who earns more money chooses Tax class III and the other spouse choose Tax class V. Class IV – Married couples. To the extent actual employment connected expenses exceed the lu… There was a private ruling issued where a teacher required one to deliver rider training to school kids and the cost of this bike (left at work) was held to be deductible as a work-related expense.

Pension contributions refund: If you are not an EU citizen and worked with Germany for less than 5 years, you are eligible to a refund on your pension contributions during that time. After filing, the tax statements are reviewed by the tax authorities and refunds are made when eligible. The Bicycle Commuter Tax Benefit is a benefit that can only be offered by employers. Surry Hills By accessing and using this page you agree to the Terms of Use. And not just the daily grind, but work-related conferences, business trips, and a long list of other work-related travel. Regarding the tax question around “Vorsteuerabzug”, i.e. This is important because it means that anything you hear about using a ‘cents per kilometre’ method is nonsense. All rights reserved. Depending on the Tax class, the taxation is calculated. There are generally two ways you could claim the cost of your personal bicycle: Regardless of the method you will need to make an apportionment for any private usage (e.g. First things first, we need to understand that the tax laws do not consider a bicycle to be a car for the purposes of claiming a tax deduction. If you need help untangling your tax, why not drop us a line? It is however essential to be noted that there are a few criteria in which case the person is obligated to file their Income tax without fail. And some good news for your employer, the money they reimburse their biking employees is tax-deductible for the company. That’s right, the Qualified Bicycle Commuting Reimbursement. When one of the spouse are classified under Tax Class III, the other’s select Tax class V. The employer deducts the income tax from your Gross salary and transfers to the Tax office on your behalf. Everyone wins, you stay healthy, you help the environment, and you get to keep more money.

If you drive, fly, bus or bike for work, then you may qualify for tax deductions or reimbursements. It’s great. A company bicycle model means that employees provided with a bicycle by their employers which they can also use privately. We will report as soon as the “Sachbezugsverordnung” has been amended.
News from Lower Austria: Cycle highway and regional approach, Corona-Update: Cycling as a means of transportation out of the crisis. The Austrian finance ministry (BMF) still has to rewrite the “Sachbezugswerteverordnung” to that effect. You can claim a flat amount for each mile you cycle on your bike. The good news is, there’s a chance to get some of that money back – in the form of work-related commuting deductions and reimbursements from Uncle Sam.

You could claim it as a work-related expense if you bought the bicycle specifically for work. It’s also worth remembering that you cannot claim for any personal journeys, including your commute from your home to your base of work. This process might take a few months, especially considering public and summer holiday.


In the fight to keep more of your money in your bank account, it’s always important to stay informed about available tax deductions. You don’t qualify for this tax-free reimbursement if you use your bike for a week and drive or ride the train for the rest of the month. That’s a big total savings, and all of a sudden that $300 bike looks like a great investment! Where’s My Stimulus Check?

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