Community

Purchases of light goods vehicle

ND
2024-01-31

Question

Hello everyone,

Do you have to take the entire package into account when calculating the deduction percentage?

By that I mean, if I deduct 90% for light goods, do I have to apply the same percentages to the insurance and all the associated costs?

Or can I take the light goods vehicle as a 100% investment and the rest at, say, 90% because I would also use it privately from time to time?

Thanks in advance.

The FPS website states: The next benefits apply to light goods vehicles: More information about the limitation of the deduction percentage for passenger cars)
  • right to investment deduction (for a sole proprietor)</

    The technical characteristics specific to the tax definition will be monitored by the vehicle inspection authority.

    I would contribute 100% of the investment. However, I have stated 85% of the usage (all expenses, taxes, insurance, inspections, etc.) in the cost category 'General expenses and maintenance of light goods vehicles'. I did this in consultation with my accountant.

  • Okay, then I know what to do. Thank you for the clear information.

    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.

    Community

    Other questions from the community

    meal vouchers

    Are videos available for deaf/hard of hearing people?

    Installing air conditioning -> expense?

    Bicycle subscription

    Invoice of a private person

    Expenses

    Travel expenses through calculation & invoice

    rental car/shared car

    Amount received on customers in dashboard is higher than outstanding invoices

    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