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Why does your service budget show a different amount than expected?

That's because of VAT

o2o avatar
Written by o2o
Updated over 2 months ago

When you order your lease bicycle through myo2o Biker, you choose an annual service budget of at least 50 euros. This amount, like the bicycle, lock and any accessories, always includes VAT (21%).

Need to visit your bicycle dealer for a repair? If so, different VAT rates apply in Belgium:

  • 21% tax on bicycle parts

  • 6% tax on labour hours for repairs

  • 0% tax on the insurance franchise

When the costs are settled between companies (o2o and the bicycle dealer), we exclude VAT. We also state the amount excluding VAT on the documents of the order.

Do you still have some questions?

If so, feel free to contact our helpdesk. We will be glad to help you further.

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