Insights

Blog

Want to stay up-to-date with financial, legal and tax news?

Crowe Spark keeps you up-to-date! Our accountants, lawyers, tax specialists and HR experts continually enhance their knowledge and share their insights in interesting, easy-to-understand blogs. With a practical approach and in plain language, precisely tailored to ambitious SMEs and corporates.

In the spotlight

3 October 2024

Accountancy

Why the company bicycle is a smart choice for employees and employers.

To encourage the use of bicycles for commuting, companies are able to fully deduct certain costs as professional expenses (Art. 64ter, paragraph 1, 3° CIR/WIB92 [Income Tax Code 1992] and Art. 190bis CIR/WIB92). These include costs for the purchase, maintenance and repair of bicycles, as well as the purchase, construction or remodelling of property for