Community

Passenger car costs versus percentage of professional use

2022-04-18

Question

Hello,

When I enter my fuel costs, the professional use % is standardly set to 20%.I currently keep a logbook so that I can determine my actual business versus private consumption in the long term. Will I only be able to determine this definitively at the end of the financial year, or is this done on a quarterly basis? The reason I ask is so that I can adjust the percentage, as I use a fuel card with an invoice. Does this mean I can also recover part of the vAT?

If you have an invoice (and you have some professional use), then you can reclaim vAT. I'm sure of that. As for the rest... I would say, you enter something, you submit a vAT return, and then I don't think you can adjust the percentage afterwards. You've already declared it, so why adjust it?

If you keep proper records of your mileage in the next year, then you can go for 40%, 50% or whatever.

Hello, good suggestion! Thanks for the info, that helps me a lot :-)

Ask a question

Ask your question to the Dexxter community with over 25.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

The Platform

The accounting platform for Belgian sole proprietorships 🇧🇪

Invoices & quotes

Manage expenses

Taxes & VAT

Peppol

Always clear

Ask your questions

Mobile app

Daily Receipts

For sole proprietorships

Specifically for starters & sole proprietorships like you 🧐

By statue

Webinars & events

Blog

Stories

For accountants

Providing cost-effective services to sole traders 🧠

Digital-first onboarding for your team: how to streamline your office operations with a standardized process for sole proprietorships

How Stratevision.fin helps sole proprietorships grow into corporations

How to eliminate data entry so you, as an accountant, can focus on advising

Community

Passenger car costs versus percentage of professional use

Question

Ask a question

Share

30-day free trial. No credit card required.

Community

Other questions from the community

Linking accounting firm

Peppol deductible 120%

Entering Shopify invoices

SME portfolio

How to forward an invoice from, for example, De Morgen subscription to go to Dexxter

Add PO number

Driving lessons as an expense?

How do you determine expenses for kilometres in the events sector? (no fixed commute)

inventory for starting up as a self-employed person

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter