Hire, Lease and long-term rental

USE OF VEHICLES COST DIRECT TAXES VAT     Percentage deductable Percentage of detraction Vehicles instrumental to a company’s activity (short to long-term hire, driving schools, dealers exclusively for public use (taxis, buses etc.), trucks goods hire 100% 100% services hire fuel Mixed use vehicles for employees goods hire 90% 40% services hire fuel Agents and representatives goods hire 80% up to the limit of € 3,615.20 per year 100% services hire 80% fuel Vehicles used for a company’s activities but not instrumental (individual company, vehicles in pool) goods hire 40% up to the limit of € 3.615,2 per year 40% services hire 40% fuel Vehicles used by professionals or artists goods hire 40% (up to the limit of € 3,615.20 per year) for 1 solo vehicle for every associate 40% services hire 40% fuel