The Mobility Budget: A second alternative for the company car has been saved
The Mobility Budget: A second alternative for the company car
Updated in March 2019
After the Mobility Allowance or the “Cash for Car” measure, on 28 February 2019, the government voted on a second alternative to the company car, the Mobility Budget.
After a long legislative process, the Belgian federal parliament finally approved the ‘Mobility Budget’, the long-awaited second alternative to company cars.
Although intentions behind the Mobility Budget’s implementation are positive, bringing alternatives that are constructive for next steps, it remains to be seen whether these will convince a large(r) group of employees to shift from company cars to alternative mobility behaviour.
Deloitte's below report, updated following the 28 February 2019 vote by parliament, provides more detail on and an analysis of the measure.
The report is based on the currently available information and may be subsject to change. Hence, the information should be handled with caution and should not be considered as professional advice. Before making any decision or taking any action that may affect your finances or your business, please consult a qualified professional adviser.
Deloitte Company Car Calculator
Click the below image and either calculate your company car benefit-in-kind or the financial impact of opting for a Mobility Allowance or a Mobility Budget