Mobility budget offers wider choice of cars
The mobility budget is likely to start with a wider choice of cars than initially stated. Approximately 10% instead of 4% of the existing models will be considered.
The strict emission standards will only be introduced gradually from 105 g/km this year to 95 g/km in 2021. The Chamber will approve next Thursday in plenary session the draft law.
Sustainable transport alternatives
The mobility budget should give employees with a company car the freedom to choose sustainable transport alternatives according to their personal situation.
A company car remains one of the possibilities, provided that it is at least as environmentally friendly as the one submitted and meets the minimum standard.
Limited choice of cars
Initially, a strict emission standard of a maximum of 95 grams of CO2 per kilometre was proposed, but this will be introduced in stages. 105 g/km in 2019, 100 g/km in 2020 and 95 g/km in 2021.
“This widens the choice for a company”, says Frank Van Gool, irector of the federation of leasing companies, Renta. “Switching to a fully electric vehicle within the framework of the mobility budget will be difficult, because the law requires that the total cost for the employer of the new car must be lower than that of the current vehicle”, Van Gool adds.
Mobility budget offers more options
The mobility budget can also be spent on sustainable means of transport and services, such as (electric) bicycles, shared cars or public transport. Electric scooters, hoverboards and unicycles, however, aren’t included in the list of alternatives.
For those who trade in their company car for a smaller one, it is possible to rent a (larger) car for 30 days a year to go on holiday. A season ticket must cover the route to and from work and be registered on the employee’s name.
Single tickets can also be purchased for other family members, for travel throughout the European Union. The mobility budget will probably enter into force on March 1st.
Cash for car: only 65 out of 100.000
The mobility budget will be added to the existing mobility allowance scheme cash for car. The company car can be traded in for an amount of cash money. However, few people appear to be prepared to give up their company car.
According to Acerta (HR service provider), barely 65 out of 100.000 company cars have been exchanged for a mobility allowance since this system came into force 13 months ago.