Mobility budget: 10 questions and answers

Mobility budget: 10 questions and answers

A lot has changed in the world in the past year and a half and that has had an effect on mobility. Working from home more often, cycling instead of car and a different view of mobility. For example, the company car. Do you still need it or is a mobility budget a better option? As an expert in this field, Peugeot is happy to answer all your questions.

What is a mobility budget?

A mobility budget is an amount that you receive as an employee to finance all work traffic. This usually concerns a fixed gross amount per month, with which all costs related to the means of transport, commuting and any business trips to customers and relations can be paid. You can determine all this yourself and are free to choose the desired mode of transport.

Is a mobility budget mandatory?

New. An employer determines whether a mobility budget is offered.

Who is a mobility budget intended for?

A mobility budget is increasingly being offered as a modern alternative to a company car. But that does not mean that a mobility budget is only intended for employees with a lease car. The employer determines who is eligible for a mobility budget.

How high is a mobility budget?

This is initially determined by the employer and often depends on your contract type and secondary employment conditions.

What are the benefits for me as an employee?

As an employee you have the freedom to choose the preferred mode of transport yourself. Whether you choose a bicycle, e-bike, bus, scooter, train, shared car, motorcycle or taxi, everything is possible. This also frees you to make a cheaper and/or more environmentally friendly choice, which may save you money.

What are the benefits for my employer?

The mobility costs are more transparent for employers, easier to estimate and manageable. The company is not tied to a multi-year lease contract. With a mobility budget, the company can also set goals in the field of sustainability.

Do you pay tax on the mobility budget?

A mobility budget is usually paid gross, on which you then pay income tax. When choosing a private lease car, you do not pay any additional income.

What if the mobility budget is higher than my expenses?

As an employee, you can keep the part that remains.

Suppose my mobility expenses are higher than the budget I get, what then?

In the event of a shortage, you must make up the remainder yourself.

What happens if I change employer?

In the case of a mobility budget, the responsibility lies with the employer. For example, if you opt for a private lease, you enter into an agreement as a private person. Changing employers has no influence on this. Thanks to the flexible conditions, Peugeot Private Lease offers a suitable solution for everyone. Moreover, with a Flex contract you are extra protected in the event of dismissal or loss of income.

Find out more about Peugeot’s mobility budget here.

– Thanks for information from Autoweek.nl

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