Public Transport
Thanks to the defiscalisation of sustainable mobility services for the home-work journey, announced by the Reply to Interpello No. 74 of 21 March 2024 of theRevenue Agency, companies now have the opportunity to offer their employees a wide range of eco-friendly transport services, without these affecting the workers' taxable income.
An economic benefit provided by the company to cover employees' transport costs with the aim of promoting more sustainable and flexible mobility choices, disincentivising the use of company and/or private cars while improving their quality of life.
The Mobility Budget aligns perfectly with No. 11 of the Sustainable Development Goals (SDGs) of the UN 2030 Agenda, which aims to make cities and human settlements inclusive, safe, resilient and sustainable.
Indeed, companies will be able to incentivise greener and less polluting modes of transport, such as public transport, carpooling, cycling and electric vehicles, thus reducing CO2 emissions and contributing significantly to the fight against climate change, by channelling the initiativeinwards andoutwards.
ADVANTAGES
Two instruments to offer an alternative benefit to the company car:
PARTNERSHIP
F.A.Q.
The Mobility Budget is an economic benefit provided by the company to cover the transport costs of employees. This budget can be used for various sustainable modes of transport, including public transport, electric car sharing, bike sharing, electric scooter sharing, trains and electric recharging. The aim is to promote more sustainable and flexible mobility choices, disincentivising the use of company and/or private cars, while improving the quality of life of employees.
The Mobility Budget is tax-free because it is considered to be a socially useful work, as defined by theInternal Revenue Service. This means that the sustainable mobility services offered through the Mobility Budget do not contribute to employee income and are not subject to taxation. This decision was taken to incentivise companies to adopt ethically advanced and environmentally responsible working practices, thus promoting sustainable mobility and the reduction of Scope 1 and Scope 3 emissions.
Through an internal Wallet in the Platform / App Mobility Company or the MOVESION Pay credit card, employees will be able to make use of the best mobility services and companies will be able to have timely reporting of their expenses.
The company sets theamount of the budget and guidelines on how it can be spent, monitoring its use to ensure compliance with company policies and sustainability goals. The provision of the Company Mobility Platform / App ensures digitised management and use of the Mobility Budget by employees.
Implementing a Mobility Budget helps companies reduce their corporate fleet costs (Scope 1) and encourages sustainable modes of travel in Employee Commuting (Scope 3), thus contributing to the sustainability goals of theUN 2030 Agenda and improving employee satisfaction and motivation.
The Mobility Budget gives employees more flexibility and control over their transport options, while promoting more sustainable choices. This not only helps reduce the individual's carbon footprint, but can also lead to savings on transport costs and a better work-life balance due to the greater variety of options available.
