To speed up the electrification of the car park, a new law changes the rules on the deductibility of company cars and introduces tax incentives for the installation of charging stations.
New rules on deductibility
The deductibility of costs of electric cars will be advantaged compared to that of petrol, diesel and hybrid cars which will be phased out.
Depending on the fuel type and on the date of purchase, lease or rent of the company car, the deductibility of the costs will be as follows:
Petrol and diesel cars
Date purchase, lease or rent |
Deductible? |
Deductibility |
Before 01/07/2023 |
Yes, over the whole duration |
General formula (min 40%, max 100%) |
01/07/2023 – 31/12/2025 |
Yes and no, over the whole duration |
AY 2026: no minimum, maximum 75% AY 2027: no minimum, maximum 50% AY 2028: no minimum, maximum 25% AY 2029: 0% |
As from 01/01/2026 |
Not deductible |
/ |
Hybrid cars
Date purchase, lease or rent |
Deductible? |
Deductibility |
Before 01/01/2023 |
Yes, over the whole duration |
General formula (min 40%, max 100%) |
01/01/2023 – 30/06/2023 |
Yes, over the whole duration |
General formula (min 40%, max 100%) BUT fossil fuel max. 50% |
01/07/2023 – 31/12/2025 |
Yes and no, over the whole duration |
AY 2026: no minimum, maximum 75% AY 2027: no minimum, maximum 50% AY 2028: no minimum, maximum 25% AY 2029: 0% BUT fossil fuel max. 50% |
As from 01/01/2026 |
Not deductible |
/ |
Electric cars
Date purchase, lease or rent |
Deductible? |
Deductibility |
Before 01/01/2027 |
Yes, over the whole duration |
100% |
In 2027 |
Yes, over the whole duration |
95% |
In 2028 |
Yes, over the whole duration |
90% |
In 2029 |
Yes, over the whole duration |
82,5% |
In 2030 |
Yes, over the whole duration |
75% |
As from 2031 |
Yes, over the whole duration |
67,5% |
Tax incentives for charging stations
Businesses can benefit from tax incentives for the installation of electric charging stations.
Depreciation on investments in publicly accessible and intelligent electric charging stations can benefit from an increased deduction:
Date of investment |
Deduction |
01/09/2021 - 31/12/2022 |
200% |
01/01/2023 - 31/08/2024 |
150% |
Investments in zero emission trucks, in electric charging infrastructure for such trucks and in tank infrastructure for hydrogen can benefit from an increased investment deduction:
Investment |
Investment deduction |
2022-2023 |
35% |
2024 |
29,5% |
2025 |
24% |
2026 |
18,5% |
2027 and later |
13,5% |
Individuals can, under certain conditions, also qualify for a tax reduction for expenses of the installation of an electric charging station at home.
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