Do you want to make company cars greener faster and later? This finally seems to be gaining momentum. In any case, Minister of Finance Vincent Van Peteghem has some very concrete tax measures ready to accelerate the greening of company cars. Something we at Blulinc obviously follow closely.
Key points of the proposal at a glance
Only WLTP values left for calculations
If you lease or order a company car from September onwards, you may only use the WLTP CO2 emissions for both the tax deduction and the Benefit in kind. If you order before September 1, you can still use the NEDC 2.0 code, if that is more advantageous. Only the order date is considered.
Mobility budget changes
In the first pillar of the mobility budget, from September 1, 2021, the C02 ceiling will rise from 95 to 120 g/km. Turn in an employee's car, they will benefit.
Support for charging stations
Regions are responsible for installing more charging stations, but the plan also includes a number of incentives for individuals and businesses:
- If, as a company, you place charging stations before 31/12/2022 and also make them available to the public (whether paying or not), the costs can be contributed 200%. Between 01/01/2023 and 31/08/2024, 150% is provided for this.
- If you install a charging station at home as an individual, these costs can be deducted from your taxes up to a maximum of €1,500.
Combustion engine child of the bill
Starting in tax year 2026, for new vehicles purchased after Jan. 1, 2023, the tax deduction will decrease to disappear altogether in 2028. If you purchased your car earlier, the current rules will continue to apply.
Plug-in hybrids to 50%
If you buy a plug-in hybrid after 2023, there is still a maximum deduction of 50%. This rule applies at least until Jan. 1, 2026.
Only tax benefit left for zero-emission commercial vehicles
If you buy a new car after Jan. 1, 2026, only emission-free cars will enjoy a tax break. So only 100% electric company cars will still be 100% tax deductible. For light trucks with a classic combustion engine, the deduction will be limited to 50%.
Calculation of CO2 contribution and SG&A unchanged
Nothing will change about the current CO2 contribution and the Benefit All Nature.
