Since 2013, the new rules on the VAT deduction for company cars have applied to all taxpayers. Whereas previously the VAT deduction was limited to 50% and VAT was then due on the amount of the benefit in kind, the VAT deduction is now immediately limited to the percentage of professional use. However, a maximum deduction of 50% remains applicable.
To enable taxpayers to determine their professional use, 3 methods were allowed thanks to a number of VAT administration decisions.
With the tool below you can determine the method that offers the greatest deduction right in your specific case (per company car). Please note: the calculations apply specifically to company cars for which the employee or manager has not paid a personal contribution. The calculations also do not apply to light trucks that are subject to a different regime.
We have a team of specialists who closely monitor new legislation on a daily basis. If you would like more information on specific regulations in force, please contact us at firstname.lastname@example.org.
Vandelanotte and its employees have developed these tools with the necessary care and attention. These tools therefore provide the most complete and up-to-date results possible. However, despite all efforts in the design of the calculation tools, Vandelanotte cannot guarantee their completeness and accuracy. The use of these tools is at your own responsibility and risk.