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Deduct your car insurance

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VAT deductibility
100 %

Tax deductibility
40-100%

Driving green is in your best interest.

You can deduct expenses related to your car, including insurance, only to the extent that you use it professionally: 50% of your trips, excluding commuting between home and office, are for business purposes? 50% of your car expenses are deductible in any way.

From the professional part of the amount applicable to your car insurance, you deduct a portion based on the CO2 emissions of your vehicle and its date of purchase.

1/ Did you buy your car before 31/12/2017?

You deduct at least 75% or more. Find the case that suits you in the table below:

- Gasoline/diesel + CO2 emissions between 1 and 60 gr = 100% deductibility

- Gasoline/diesel + CO2 emissions between 61 and 105 gr = 90% deductibility

- Gasoline + CO2 emissions between 106 and 125 gr = 80% deductibility

- Diesel + CO2 emissions between 106 and 115 gr = 80% deductibility

Above these levels, you deduct 75%.

2/ You bought your car on or after 01/01/2018?

Until 31/12/2019, you follow the application rule for cars purchased until the end of 2017.

From 2020, you apply the following formula: 120% - (0.5% x fuel coefficient x CO2/km)

Do you have a diesel car? The fuel coefficient is 1.

Do you have a gasoline car? The fuel coefficient is 0.95.

Do you drive a CNG car? The fuel coefficient will be 0.9 up to 11 fiscal horsepower, 0.95 beyond.


πŸ’‘The installation of a hands-free kit is 100% deductible! The financing costs of your car, too.

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