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Motor fuel costs 100% tax deductible

FT
2023-07-28

Question

I have just read the text about ‘car expenses’ in the learning center. It states that the percentage of business expenses and tax deductibility (e.g. 75%) only apply to passenger cars. Have I understood it well as I say that I have to enter my percentage of business kilometres for my motorbike, but that the remaining amount is 100% tax deductible?

Yes, strange, isn't it? That deduction restriction only applies to passenger cars.

(Light) goods vehicles and motorcycles are not subject to any deduction restrictions based on CO² emissions. Only the professional use percentage applies. Still, it's a considerable advantage for (light) goods vehicles and motorcycles. I wonder how long that will last :)

Yes, it's great, isn't it, tax deduction restrictions only for passenger cars :)

But as UF says, how long will that last? They need money...

Still, be careful with motorbike costs. I myself contributed 80%. After an inspection, this was reduced to 20% and, after much discussion and persuasion, I was able to get it up to 50% for a main occupation.

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You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

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