{"id":1036,"date":"2024-11-19T13:33:53","date_gmt":"2024-11-19T12:33:53","guid":{"rendered":"https:\/\/fiscalclear.com\/what-type-of-car-should-i-buy-via-your-company-or-privately\/"},"modified":"2024-11-19T13:34:22","modified_gmt":"2024-11-19T12:34:22","slug":"what-type-of-car-should-i-buy-via-your-company-or-privately","status":"publish","type":"post","link":"https:\/\/fiscalclear.com\/en\/what-type-of-car-should-i-buy-via-your-company-or-privately\/","title":{"rendered":"What type of car should I buy? Via your company or privately?"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\"><strong>Fossil fuel cars only<\/strong><\/h4>\n\n<ol class=\"wp-block-list\">\n<li><strong>Tax disadvantages :<\/strong>\n<ul class=\"wp-block-list\">\n<li>Time-limited, declining deduction of expenses:\n<ul class=\"wp-block-list\">\n<li>75% by 2025,<\/li>\n\n\n\n<li>50% in 2026,<\/li>\n\n\n\n<li>25% in 2027,<\/li>\n\n\n\n<li>Total disappearance after 2027.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Advantages of all kinds (ATN) rising steadily, due to the reduction in average car emissions (transition to electric vehicles).<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n<h4 class=\"wp-block-heading\"><strong>Hybrid cars<\/strong><\/h4>\n\n<ol class=\"wp-block-list\">\n<li><strong>Disadvantage :<\/strong>\n<ul class=\"wp-block-list\">\n<li>The deduction of expenses is subject to the same restrictions as for fossil-fuel cars, and will disappear from 2028.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Advantage :<\/strong>\n<ul class=\"wp-block-list\">\n<li>Lower NTA thanks to low CO2 emissions.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n<h4 class=\"wp-block-heading\"><strong>Electric cars<\/strong><\/h4>\n\n<ol class=\"wp-block-list\">\n<li><strong>Tax benefits :<\/strong>\n<ul class=\"wp-block-list\">\n<li>Full deduction of costs and depreciation for the company, with no time limit.<\/li>\n\n\n\n<li>Low NTD (minimum CO2 threshold of 4%), decreasing with vehicle age.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n<h4 class=\"wp-block-heading\"><strong>Buying a car privately and lending it to your company<\/strong><\/h4>\n\n<ol class=\"wp-block-list\">\n<li><strong>Disadvantage :<\/strong>\n<ul class=\"wp-block-list\">\n<li>All expenses are borne by the private buyer, with no possibility of tax deduction (except for commuting).<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Advantages :<\/strong>\n<ul class=\"wp-block-list\">\n<li>Possibility of financing the purchase with a low-cost loan from your company.<\/li>\n\n\n\n<li>No taxation on a NTD.<\/li>\n\n\n\n<li>Possible compensation with a tax-exempt mileage allowance (currently \u20ac0.4293\/km quarterly or \u20ac0.4415\/km annually).<\/li>\n\n\n\n<li>Exemption on any profit on resale of the car.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n<h4 class=\"wp-block-heading\"><strong>Conclusion:<\/strong><\/h4>\n\n<p class=\"wp-block-paragraph\">To maximize tax benefits, it is advisable for the company to purchase an electric car, offering a 100% expense deduction and reduced NTD. Alternatively, purchasing a car privately and collecting a mileage allowance may be an interesting option, depending on the context. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fossil fuel cars only Hybrid cars Electric cars Buying a car privately and lending it to your company Conclusion: To maximize tax benefits, it is advisable for the company to purchase an electric car, offering a 100% expense deduction and reduced NTD. Alternatively, purchasing a car privately and collecting a mileage allowance may be an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1036","post","type-post","status-publish","format-standard","hentry","category-non-classifiee"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/fiscalclear.com\/en\/wp-json\/wp\/v2\/posts\/1036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fiscalclear.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fiscalclear.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fiscalclear.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fiscalclear.com\/en\/wp-json\/wp\/v2\/comments?post=1036"}],"version-history":[{"count":1,"href":"https:\/\/fiscalclear.com\/en\/wp-json\/wp\/v2\/posts\/1036\/revisions"}],"predecessor-version":[{"id":1037,"href":"https:\/\/fiscalclear.com\/en\/wp-json\/wp\/v2\/posts\/1036\/revisions\/1037"}],"wp:attachment":[{"href":"https:\/\/fiscalclear.com\/en\/wp-json\/wp\/v2\/media?parent=1036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fiscalclear.com\/en\/wp-json\/wp\/v2\/categories?post=1036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fiscalclear.com\/en\/wp-json\/wp\/v2\/tags?post=1036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}