Livelo benefit cycle – Save up to 30% on your Livelo

Deductible:
No deductible

Maximum value:
150,000 SEK

Covers theft and damage:
Yes

Covers damage to electric bike battery:
Yes

Reimburses transportation costs or rental bike if necessary:
​​Yes

Can be used both privately and for business: Yes

Age deduction on the value of a 3-year-old bike:
No age deduction

Livelo offers a benefit bike in collaboration with Lease a Bike. It is possible that your employer already has an agreement with another partner (see current logos below on the page). Regardless of which solution your employer uses, we will of course help you to produce a clear calculation and guide you through the process.

Read more here:
https://portal.leaseabike.se/

Yes, of course. You can add accessories such as rain covers, locks, pads, bags and other options directly into your benefit bike calculation. We will help you put together a solution that suits your needs and your everyday life.

When you get a benefit bike, you pay via gross salary deduction. This means that the cost is deducted from your salary before taxes are calculated.

Because your taxable income is lower, you pay less in income tax each month. It is precisely this tax effect that makes a benefit bike often 20–40% cheaper than buying the bike privately.

Simply put:
You use money that would otherwise have gone to taxes to pay for your bike.

The savings are usually between 20–40%, depending on your salary, tax bracket and leasing arrangement.

Example:
A bicycle for 69,000 SEK can correspond to a monthly cost of approximately 1,200–1,600 SEK via gross salary deductions. The actual savings compared to a private purchase can be up to 40%.

The exact amount depends on:

• Your marginal tax
  
  

• Length of the leasing period
  
  

• Possible residual value
  
  

Therefore, a personal calculation is always best.

No – normally, the benefit cycle does not involve any additional cost for the employer.

The arrangement works like a salary exchange:

• The company leases the bike through a benefit provider
  
  

• The employee pays the cost via gross salary deductions
  
  

• The cost is covered by the payroll deduction
  
  

This means:

• No investment
  
  

• No capital tied up
  
  

• No hidden fees
  
  

• Minimal administration (often via existing benefits portal)
  
  

For the employer, it is an attractive employee benefit without any additional financial burden.

Yes.

As a small business owner, you can let the company lease the bike and use it privately. The leasing cost becomes deductible in the company while you get access to the bike at a very favorable price.

That makes benefit cycling one of the most tax-efficient investments you can make – especially if you run a limited company.

The exact structure may vary depending on the company type, so please consult your accounting consultant.

If you change employers during the lease period, there are usually several options:

1. Buy the bike at the current market value
   
   

2. Finalize remaining costs
   
   

3. In some cases, move the contract to a new employer (if they offer a benefit cycle)
   
   

So there is flexibility – you don't risk "losing" the bike.