New year, new rules. Mbrella lists the most important mobility changes. So you'll be all set to enter 2024 prepared.
Bicycle allowance increases to 0.35 euro/km
From 1 January 2024, the maximum allowable tax-free bicycle allowance will be increased to 0.35 euros per kilometre. An annual maximum of €2,500 will be introduced.
The bicycle allowance is mandatory since 1 May 2023. The allowance based on this mandatory scheme will also be indexed annually, but on a different basis. This means that employers who pay their bicycle allowance based on this scheme are not affected by this increase.
TCO for the mobility budget
From 1 January, the new law on how to calculate the mobility budget will apply. Some key elements are:
- Companies that have already calculated their TCOs will be allowed to keep them.
- Employers have the choice to opt for a calculation based on actual values or on flat-rate values.
- Both methods are calculated using a fixed (e.g. leasing costs) and a variable part (e.g. Fuel costs).
- The lump-sum value method is ideally used for employees who do not yet have a company car or for employees who change jobs.
More information can be found here.
Adjustments to the calculation of the solidarity contribution
- The calculation coefficient for the CO2 solidarity contribution has been indexed by two per cent to 1.5359.
- The minimum CO2 solidarity contribution is 31.99 euros per month.
Flemish electric car premium
If you live in Flanders, you are entitled to a premium when purchasing an electric vehicle with a purchase price of less than 40,000 euros (incl. VAT). The premium will gradually decrease, and can no longer be applied from 2027 because electric vehicle prices are expected to decrease in the coming years.
The size of the premium applies as follows:
- 2024: €5,000
- 2025: €4,000
- 2026: €3,000
- 2027: €0
Start of flex transport at De Lijn
From 6 January, you can book a flex ride via the Hoppincentrale. You can do so via the app, the website or phone. Flex transport is the replacement for the on-call bus. This transport should complement the larger bus and tram lines in peripheral areas. Booking is possible from 30 days to 30 minutes before departure.
Tax rebate on private purchase of charging station
When you privately invest in a smart home charging station, you can enjoy (only) 15% tax reduction in 2024. The amount on which the tax reduction applies is limited to a maximum of 1,800 euros, and this per taxpayer. For a bi-directional charging station, this maximum is 8,000 euros. In both cases, the home charging station may only use green electricity.
