Consequently,
Company cars: shortfall state gigantic,:
A scenario where the user would cover the costs – Company cars: shortfall state gigantic,
To assess the magnitude of the shortfall. Similarly, the plan office imagined a scenario in which users would take charge of all the costs related to the private use of their company car-fuel, interviews, insurance. Nevertheless, In this hypothesis. Similarly, state revenues would increase by around 5 billion euros, in particular via an increase in natural persons (PPI) and social security contributions.
Despite everything, this change would not be without consequences. For example, Company cars are massively supporting the transition to “clean”, especially rechargeable hybrids and electrics. Consequently, Removing the tax advantage would immediately go back their share in the car fleet, estimates the BFP. Therefore, “Evaluating the net impact of such a change in company cars: shortfall state gigantic, behavior is not easy. This requires including the effects on the labor market. where a decrease in benefits in kind could cause gross wage increases for compensation and, therefore, an increase in tax revenue”is it indicated in the Planning Office document.
As a reminder, almost 60% of new passenger cars are company cars in Belgium.
New for corporate cars: “The government will slow down the race to the whole electric”
What the Arizona forecasts
This announcement arrives in a particular context for company cars. In the agreement of the Arizona government last February. it seems to indicate that it does not intend to brutally disconnect the current regime, but it intends to slow it slowly towards the exit. In any case, for thermal cars, the rule remains strict: no more tax deductibility for orders placed after December 31, 2025.
The hybrids would get a company cars: shortfall state gigantic, stay. Their transitional scheme is extended by two years, offering companies a little more time to adapt. Until the end of 2027. these vehicles were 75 %deductible, before gradually switching to 50 %, then 25 %, until the diet extinction at the end of 2029. A tolerance which will however exclude the most polluting models, those which exceed 50 g of CO₂ per kilometer.
“Abandon my company car is about 1,000 euros per month more! It’s super advantageous”
Same logic for fuel costs. These will always be deductible half until the end of 2027. while the electric will benefit from the same treatment as for zero emission vehicles. Clearly, it would be a prolonged transition, which avoids hitting companies head -on.
Further reading: 5 things to know about the neo-retro electric SUV! – “I have hatred against this brand”, “the quality is execrable”, “Keep your money is better”, “to flee”: the famous French shoe brand in the middle of a storm after a bad buzz on social networks – The era of uncertainty | Allnews – Why China will never allow Tehran to block the Strait of Ormuz – An exciting decade for private markets.
