Is it beneficial to drive a company car?

It is not easy to decide which is more advantageous: driving a car privately or at the company.

The decision depends on various factors, such as the amount of depreciation, maintenance costs, insurance costs, motor vehicle tax, any financing costs, the CO2 emissions of the car, the number of private and business kilometers to be driven in a year and the VAT consequences. In addition, the tax rates and income-related tax credits must also be taken into account. The above information is not always available in advance, which is why estimates are often used. RSW can give you tailor-made advice about what is most advantageous for you and what the consequences are for you.

You do your business at an international level?

We are affiliated with INPACT, an international association of independent accountancy offices. Thanks to our extensive international network, we can be of service to you in this area. Curious about our international approach? Then contact us without obligation.

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