The availability of salary deduction functionality in Velory may vary across markets due to differences in local tax regulations. As a company, it is your responsibility to ensure compliance with applicable legislation in every market where Velory is used.
🧠In this guide:
How salary deductions work
If a user orders a device that exceeds their allocated budget, Velory automatically calculates the amount that should be deducted from their salary.
Example:
If the budget allows for phones at 300 SEK/month and a device costs 400 SEK/month, the difference of 100 SEK (excluding VAT) will be recorded as a salary deduction.
As an admin, you can view all salary deductions for your users, including VAT calculations. How these deductions are applied to actual salaries is ultimately up to your company’s internal policies.
How to export salary deductions
- Go to Asset Management in the navigation bar.
- Select Employees → Monthly payments.
Here, you will find:
- A complete list of users with budget overages and their corresponding salary deductions (including VAT).
- The option to expand each row to see detailed information about the device assigned to that user.
- An export function to download the full list in CSV format.
Good to know
Each company decides how to handle salary deductions in practice. We recommend consulting a tax professional or legal advisor before enabling budget overages with salary deduction, since local tax laws differ between markets.
👉 For example, in Sweden, the Tax Authority’s 2023 legal guidance states that upgrading hardware using salary deductions or other types of employee payments may result in the entire hardware being classified as a taxable benefit.