01 Jan 2023

Reform - Benefit in kind of company cars

Have you ordered a vehicle in 2022 or are you planning to do so in the coming months? Then this applies to you!

Reform - Benefit in kind of company cars

On 1 January 2023, the new scheme (scheme B) for the calculation of the benefit in kind will come into force. It incorporates new CO2 emission thresholds for combustion/hybrid vehicles and a double category for 100% electric vehicles according to their consumption.

Scheme B:

  • Electric vehicles: the benefit in kind is taxed at a flat rate of 0.5% (for a consumption ≤ 18 kWh/100km) and 0.6% (for a consumption > 18 kWh/100km)

  • Combustion/hybrid vehicles: the benefit in kind is taxed at a flat rate ranging from 0.8% to 1.8% depending on the CO2 emissions (the ceiling has been reduced from 150 g/km to 130 g/km)

This scheme B applies to:

  • Vehicles ordered from 01/01/2022 and registered in 2022

  • Vehicles ordered from 01/01/2022 and registered between 01/01/2023 and 31/12/2024

  • Vehicles ordered before 31/12/2024 and registered before 31/12/2025

 

In 2025, the benefit in kind will be taxed at a flat rate of 1% to 1.2% depending on consumption for 100% electric cars, and at 2% for other types of combustion engines.

Fleet Management

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