Electric company cars

Tax advantages for electric company cars

The following is a brief overview of the #tax #benefits in the area of electric vehicles: Advantages for employees Free or reduced-price charging of the batteries of electric or hybrid electric vehicles at the employer’s premises is tax-exempt according to ยง 3 no. 46 EStG (German income tax act) if …

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Betrieblicher_PKW

The private use of company cars in Germany

The use of a company vehicle by the entrepreneur for private purposes means an advantage for him in his private sphere for tax purposes. This is because it may save him the expense of purchasing his own vehicle for private purposes or other non-business purposes (e.g. journeys within the scope …

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