How does the bike benefit affect the commuting benefit?

The bike benefit reduces the annual tax-free amount of the possible commuting benefit.

The bike benefit offered by the employer to its employee is tax-free up to 1200 € / per year, however the maximum total tax-free amount of the commuting benefit and the bike benefit is 3400 € / year / employee.

The bike benefit does not have to be offered to the staff collectively, and the employer can determine how much it is offered within the annual tax-free payment limits set by the Finnish Tax Administration. The benefit can also be offered even if the company does not have a commuting benefit.