Bicycle allowances top 100 million euros

Bicycle allowances top 100 million euros
© Belga

In 2016, 432,068 workers each received an average 233 euros in bicycle allowances, which amounted in total to a record 100.5 million euros, according to Finance Minister Johan Van Overtveldt. Responding to a question from parliamentarian Jef Van den Bergh of the Christian Democratic and Flemish (CD&V) Party, the minister added that the amount paid out in 2016 was 10 million more than in the previous year.

In 2009, the amount workers received for using bicycles to travel between home and work was barely 43.6 million euros. By 2016, the last year for which such data is available, that amount had more than doubled, amounting to 100,459,424 euros.

The number of companies giving their workers bicycle allowances went from 33,735 in 2015 to almost 36.000 in 2016.

According to the CD&V parliamentarian, this upward trend will continue in the coming years, since bicycles are becoming an increasingly popular means of transport between the home and the workplace.

The Brussels Times

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