Question 1

How is company car tax calculated?

Accepted Answer

Tax is calculated based on 1% monthly of the car's insurance value, multiplied by the personal use percentage. A 10% tax is due on this amount.

Question 2

What is benefit in kind?

Accepted Answer

Benefit in kind is any benefit received from an employer other than cash remuneration. Personal use of a company car is a typical example of such income.

Question 3

How do I document business use?

Accepted Answer

Keep a logbook with routes, kilometers, and trip purpose. This proves what percentage of use is business-related and reduces the tax base.

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