No, and that is precisely the advantage. Unlike a company car, a leased bicycle is not a benefit in kind. As long as the bicycle is used regularly for commuting.
As an employer, you set the expected frequency for your employees' bicycle commuting. It’s worth knowing that most of our customers opt for 20% commuting by bike. We recommend that the regular use of the leased bicycle for commuting is recorded in a policy and/or a statement of honour is requested from the employee.
