Dear all,
I notice that many people, myself included, are unsure how to record the investment in a passenger car. Can anyone help me with this calculation?
Example: second-hand (2011) petrol passenger car with CO2 emissions of 106 g/km
Formula:
120% – (0.5% x CO2 emissions x fuel type coefficient) = deductibility result
Calculate emissions:
https://www.lizy.be/nl/tools/aftrekbaarheid-autokosten106 g/km = 70%
Fuel type coefficient:
1 for diesel engines
0.90 for natural gas engines (cNG) and a taxable power < 12 fiscal horsepowerToepassen formule:
= 120% – (0.5% x 70% x 0.95) = 0.8675 or 86.75%
My questions:
Is the 0.5% in the formula a fixed number? For example, I feel that I use my car 75% of the time for self-employed activities.
Is 86.75% the deductibility percentage that I can use for the expenses/investment from the purchases of this car? Or what does this state?