We will update this page whenever new information becomes available.
August 22, 2025 – The Finnish government will decide on the future taxation of benefit bikes in its budget negotiations on September 1–2, 2025. The outcome will be made public by Monday, September 22, 2025, at the latest.
June 26, 2025 – The Ministry of Finance has issued an updated proposal that clarifies its earlier guideline from the spring. According to this proposal, the tax exemption for benefit bikes would continue only for agreements signed before April 24, 2025. Any agreements made after that date would no longer qualify for the exemption.
June 3, 2025 – Together with several cycling industry stakeholders, we have launched a joint citizens’ petition calling for the preservation of the tax exemption for benefit bikes beyond 2025. Sign the petition here.
Bike Benefit Tax Exemption –Where do we stand today?
On June 26, 2025, the Ministry of Finance issued an updated proposal clarifying its earlier guideline:
- The tax exemption for benefit bikes would remain in place for agreements signed before April 24, 2025.
- Agreements signed on or after April 24, 2025, would no longer be tax-exempt.
- If an employee changes jobs and transfers the benefit bike agreement to a new employer, the transfer would be considered a new agreement if it takes place on or after April 24, 2025.
The final decision on the taxation of benefit bikes will be made in the Finnish Government’s budget negotiations on September 1–2, 2025. The outcome will be made public by Monday, September 22, 2025, at the latest.
🔗 Read the Ministry of Finance’s updated proposal here
What will happen to the Bike benefit?Four possible scenarios
Based on current information, we see four possible scenarios for the future taxation of benefit bikes:
1. The benefit continues as it is
The current tax-exempt model would remain unchanged. The bike benefit would stay just as attractive to employees as today, offering one of the most cost-effective ways to get a high-quality bike.
2. The tax rules are tightened
The exemption might continue, but with new restrictions. For example, part of the benefit could become taxable, or the annual tax-free limit could be lowered. Even with these adjustments, the bike benefit would remain a valuable perk – and the health, fuel savings, and daily joy of cycling will always be tax-free.
3. The exemption ends for new agreements from 2026
All benefit bike agreements signed up to the end of 2025 would remain tax-free. However, agreements made from January 2026 onwards would no longer be exempt. In this case, benefit bikes would still remain available to employees.
4. The exemption is fully removed
This is the most extreme – and still entirely hypothetical – scenario. New benefit bike agreements would no longer be tax-exempt. The treatment of existing agreements would be clarified separately. Benefit bikes would nevertheless remain in use for employees and, overall, still represent a more affordable option than purchasing a bike outright. A small added tax does not take away the benefits or joy of cycling!
What does this mean for our customers?
Based on current information, the proposal would affect those employees and employers in Finland who had committed to implementing bike benefits on or after 24 April 2024. Benefit bikes agreed before 24 April 2025 would retain their tax-exempt status until the end of the contract period.
However, no changes have been made to the benefit at this stage, and it remains tax-free. It is likely that the benefit will remain tax-exempt at least until the end of 2025.
In other words – nothing is changing right now, and no action is required from our customers.
The situation is evolving – we are awaiting more information
- The legislative change is still in preparation
- No details are yet available on the potential changes
- It is not yet known in what form, if any, the proposed change will be implemented
- Our customers do not need to take any action at this time
Need more information?
Vapaus is closely monitoring the situation and will provide updates immediately once more information becomes available. Thank you for your patience – we kindly ask you to wait calmly.
Media Inquiries
If you are a member of the media and have questions regarding this topic, please visit our media page for up-to-date information and press contact details.
Frequently asked questions
We understand that the proposed change to the benefit benefit tax exemption may raise questions and concerns. We’ve compiled answers to the most frequently asked questions below to help provide a clear picture of the situation. This FAQ section is updated regularly as soon as new and more detailed information becomes available.
Together we have the power to make a difference. That’s why, along with several bicycle-industry actors, we have launched a joint citizens’ petition demanding that the bike benefit be retained beyond 2025. If the bike benefit matters to you—make your voice heard.
👉 Sign the petition now (in Finnish)
Other ways to take action:
- Share the petition with colleagues, friends, and your own networks, for example on social media
- Talk about the bike benefit with your employer, workplace union representatives, or other decision-makers
- Make the bike benefit visible: when as many people as possible use and appreciate this benefit, its importance will be more widely recognized
- No real savings for the state: Lost VAT and corporate tax revenues may exceed the savings from removing the benefit.
- Impact on the bike industry: A decrease in sales, maintenance, and leasing could weaken employment.
- Environmental impact: Benefit bikes reduce car usage and lowers emissions caused by commuting.
- Loss of health and wellbeing benefits: The bike benefit and regular cycling are proven to reduce sick leaves, improve health, and support long-term work ability.