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    7. Company Car Calculator

    Company Car Calculator

    Calculate the 3% tax on benefits in kind for personal use of a company car under Art.204(1)(4) of the Corporate Income Tax Act. The base is annual vehicle expenses multiplied by the personal-use share (flat 50% or by actual kilometres).

    Enter data

    €6,000
    6000
    Tax on expenses due (3%)
    €90

    Monthly: €8

    Total cost distribution

    Annual vehicle expenses€6,000
    Personal-use share50%
    Tax base€3,000
    Tax rate (Art.216(2))3%
    Tax on expenses due (3%)€90

    Important Considerations

    This calculator provides an estimate under Art.204(1)(4) and Art.215a–216 CITA (3% tax on benefits in kind). Actual treatment depends on the specific expenses and the personal-use method. Consult an accountant for precise figures.

    Benefits of a Company Car

    Tax-deductible expense

    Company-car expenses are tax-deductible and reduce taxable profit; the tax on personal-use expenses is itself a deductible expense.

    Recognised tax base

    The tax base is all vehicle expenses — fuel, maintenance, insurance and tax depreciation — by the personal-use share.

    Low 3% rate

    The rate is only 3% (Art.216(2) CITA) on the personal-use portion — a final tax owed by the company.

    Frequently Asked Questions

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    These calculations are for informational purposes only and do not constitute financial, tax, or legal advice. Consult a qualified professional for your specific situation.

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