Sweden
Electric Bike Rebate and Tax Credit

Rebate Summary

Employees using the employer's bicycle for private purposes can benefit from a tax exemption under certain conditions in Sweden, with a taxable benefit only applicable to the amount exceeding SEK 3,000 during the tax year. The employer can provide the bicycle through limited period rentals or leases, and the valuation of the benefit may consider estimated depreciation. The benefit being offered should extend to all permanent employees in the workplace, in the case of an employer providing a bicycle. The bicycle benefit rules apply to both ordinary and electric bicycles but not to electric scooters. The exemption does not cover bicycle accessories but includes the fixed parts of the bicycle such as lamps, locks, and even studded tires.