29 November 2022

Tax administration clarifies position on decarbonizing your company car fleet.

The Minister of Finance has set high stakes to reduce the carbon emission levels of your (future) company car fleet. The transition to emission-free cars is inevitable, at least from a tax and parafiscal point of view.

Newly purchased fossil fuel cars will as of 01/07/2023 inevitably lose their tax deductibility for the employer and result in a (gradually) higher CO2 solidarity contribution. As a result, the cost of your company car fleet will rise and a doubling of the current cost is on the medium to long turn unavoidable.

This is at least the case if you continue to renew after 01/07/2023 your company car fleet with fossil fuel cars. Gunther Valkenborg provides you with a summary of the applicable rules and possible solutions (click here).


Do not hesitate to contact us should you have any questions about company car taxation and social security. We will be happy to help.

share this news