What is a Mobility Budget? ๐ค
Introduced in March 2019, the mobility budget aims to untangle Belgium's mobility challenges. It allows employees with (the right to) a company car to exchange it for a budget that can be spent on:
An environmentally friendly company car
Sustainable transportation options or housing costs
Cash payout (for any remaining budget)
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Who Can Participate? ๐ฅ
Employers:
Must have offered company cars for at least 36 months at the time the Mobility Budget is introduced.
Exception: Startups (in existence for <36 months old) must provide at least one company car at the time the Mobility Budget is introduced.
Employees:
Must have (the right to) a company car
Eligibility should be objectively defined in the car policy (e.g., based on function, seniority, salary scale, education)
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How Does It Work? ๐ ๏ธ
The mobility budget is divided into three pillars:
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1๏ธโฃ Environmentally Friendly Company Car
Electric or low-emission vehicles (CO2 โค 95g/km)
Battery capacity โฅ 0.5 kWh per 100 kg of vehicle weight
2๏ธโฃ Sustainable Transportation & Housing Costs
Public transport ๐ (including for family members)
Private transport solution (bicycle, car rental, etc.) ๐ฒ
Shared mobility options ๐ด
Housing costs (within 10km of work or 60% remote work) ๐
3๏ธโฃ Cash Payout ๐ฐ
The remaining budget is paid in cash in January of the following year (subject to a special social security contribution of 38.07%).
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Budget Calculation ๐งฎ
Based on the Total Cost of Ownership (TCO) of the company car
Includes lease price, fuel, insurance, taxes, and other related costs
Minimum budget (to be indexed) : โฌ3,000
Maximum budget (to be indexed) : โฌ16,000 or 1/5 of total gross annual salary
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Implementation Steps ๐
Reach out to Payflip so we can add the mobility budget to your Payflip tool
Calculate the TCO and assign the budget per employee
Create a mobility budget policy
Have participating employees sign an employment contract addendum
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Benefits ๐
Flexibility in transportation choices
Environmentally friendly options
Budget-neutral for employers
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