Exercise benefit 

 Get your staff moving with Smartum's exercise benefit!
More exercise is more employees who feel and do well.


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Support your staff's sporty hobbies

Exercise benefit does good for mind and body. There are already over 10 000 exercise venues in Smartum network, where your employees can pay their sporty hobbies easily with exercise benefit. Exercise benefit will open the doors for fun and easy well-being.

You can offer exercise benefit as digital saldo, paper vouchers, or with SmartumPlus flexible saldo.
The choice is yours!

Exercise benefit

Exercise saldo

Offer exercise benefit digitally

With Smartum's digital exercise saldo, hobbies can be paid with hassle-free SmartumPay mobile app or with online payment, depending on the venue. SmartumPay is up for a free download in app stores.

The exercise saldo stored in an employee’s Smartum account is valid for 15 months from the time the balance is stored. Any exercise saldo left over after the expiry date are returned to the employer’s Smartum account for redistribution to employees.
Ordering and costs

Ordering, keeping track, and managing Smartum's digital exercise saldo is easy in Smartum web service.

 
The price consists of account management fee (percentage), which is calculated of the nominal value of the saldo benefit being purchased. Management fee for exercise saldo is 5%.  Invoicing fee is €15 per order. Value-added tax (24 %) will be added to the ancillary costs. The benefits themselves are free of value-added tax.
Order exercise saldo
Taxation of exercise benefit

Taxation of exercise benefit

Tax-free sports

Support your employees in their exercising and cultural activities and deduct the resulting expenses in full in your company’s income taxation. The benefit is tax-free to the employee, if it can be deemed normal and reasonable. Employees’ voluntary exercise and cultural hobbies may be supported to the amount of €400 per year.

Read more about the taxation of exercise benefit from our tax guide

Get your taxation guide

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