The Federal Government has approved the bill to make the legal mobility budget more attractive for both employer and employee.
The proposal makes it easy for the employer to implement, and it offers more possibilities for the employee.
From 1 January 2022, the new rules will be in force!
Published 20th of November 2021
The legal mobility budget 2.0 is easier and offers more options
De Croo’s government has announced that all new company cars must be CO2 neutral by 2026 and that the statutory mobility budget will be improved.
What does this mean for companies?
Olympus Mobility explains briefly:
First of all, the standard for CO2 emissions will be based on the WLTP standard as of September 2021. This means that there will be an increase in the permissible CO2 emissions from company cars under pillar 1 up to 120g/km.
This is good news for employees! They would now have more opportunities to buy a smaller and environmentally friendly car under pillar 1 of the statutory mobility budget.
Then there is the abolition of waiting periods for both employers (36 months) and employees (12 months) for the mass introduction of the statutory mobility budget.
There would also be changes in the reimbursement of housing costs. The geographical criterion that the employee must live within a 5 km radius of the workplace would be widened, and the conditions for financing a mortgage would be eased.
Finally, there are also various tax incentives for the electrification of company cars.
E.g., investments in charging stations will benefit from a tax reduction of 45%. This should encourage the electrification of company cars.
With this proposal, the first concrete steps have been taken towards the government’s ambition of making corporate mobility greener!
Please note that this is still a legislative proposal. It still has to be approved by the government and by parliament before it can be implemented. We are confident that this will happen soon!
Staying on the road with Olympus Mobility is easy!