Company vehicle for employees

Author: Partena Professional (HR expertise)
Read time: 1min
Publication date: 05/11/2018 - 21:25
Latest update: 05/02/2020 - 16:35

The salary plays a critical role in the relationship between you and your employees. So it makes sense that you'd want to find ways to optimize it. A company vehicle offers an advantageous solution for both parties.

Would you like to know more about company vehicles? Contact our HR experts for professional advice on how to optimize your employees' salaries.

Tax benefits of a company vehicle

Do you make a company vehicle available to your employees? Then you benefit from tax advantages on:

  • a large part of the purchase price of the vehicle;
  • the costs for gas, maintenance and repair.

The bottom line? Providing a company vehicle is cheaper than increasing the gross salary!

Calculate the benefit in kind of your company vehicles

When you provide your employees with a company vehicle for professional and private use, there arises, from a tax perspective, a 'benefit in kind' that influences the net salary of the employees in question.

Would you like to know more about company vehicles? Contact our HR experts for professional advice on how to optimize your employees' salaries.

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