The Belgian federal government is still searching for 11.2 billion euro to close the books for its 2012 budget, and nobody doubts the fiscal regime of company cars will be part of the discussion.

According to a study done by Copenhagen Economics for the European Commission, 4,1 billion euro is the amount the federal state spends each year on the fiscal regime of the company cars. It is therefore not remarkable that formateur Elio Di Rupo proposed to increase the taxation of company cars by 500 million euro by using a different taxation method.

What are the scenario’s which are possible? Currently, two options are being discussed:

• Doubling the taxation for the car user

The net taxation for the car user, (in Dutch: natuurlijk voordeel / in French: avantage en nature), could be doubled. This measure has a direct negative impact for the employee, since it adds up to its wage.

• Taking into account the price of the car when calculating the taxation

Until now, the taxation for company cars was calculated based on carbon emission, the type of fuel and the number of kilometre the car drove. By adding the purchasing price of the company car into the equation, the government can strongly increase the taxation amount it collects.

The impact these new measures could have, should not be neglected; they impact the users, the companies, but also the leasing companies and the car dealers.

Categories : Advices | Tags : Car Fleet | 0 commentaire associé