25 October 2023

How is the Mobility Budget calculated?

In a Royal Decree of 29 September 2023, the tax authorities have finally decided how to calculate the total cost of ownership (TCO) of company cars in order to determine the applicable mobility budget when employees choose to exchange their company car for a budget that can be used for various sustainable mobility solutions.

See here the memo prepared by Gunther Valkenborg on that topic.


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