Pillar 3 of the mobility budget is designed for employees who have not fully spent their mobility budget on eco-friendly vehicles (Pillar 1) or sustainable mobility options and housing costs (Pillar 2). The remaining amount is paid out to the employee in cash, subject to specific conditions and tax rules.
Features of Pillar 3
Net payment of the remaining budget:
The remaining amount at the end of the calendar year, after spending in Pillars 1 and 2, is paid to the employee in cash.
This payment is net but subject to a special social contribution of 38.07%.
This contribution is the employee's responsibility, but no additional tax is applied to this amount.
The payment is made via the January payroll of the year following the mobility budget year.
Objective of Pillar 3
To provide employees with flexibility by allowing them to recover any unused portion of their mobility budget.
To encourage employees to make thoughtful choices for sustainable mobility options (Pillar 2) or eco-friendly company cars (Pillar 1).
Practical Example
An employee is given an annual mobility budget of €10,000. After spending €7,000 on an electric car (Pillar 1) and €2,000 on public transport and a bicycle allowance (Pillar 2), €1,000 remains.
This amount is paid out via Pillar 3, with a 38.07% deduction:
Remaining budget: €1,000
Contribution (38.07%): €380.70
Net payout: €619.30
Comments