Interfisc UK | A company car - it involves more work than you think
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Company car

 

More information?

Look here to find information regarding the Netherlands, Belgium, Germany, France and the United Kingdom.

Company car needed abroad? We can help you hit the road!

A company car is a popular employee benefit, but it has its downsides. If your employees abroad need a company car, you have a range of options, for example:

  • rental or lease by employer
  • a car purchased by the employer as an asset
  • mileage allowance for employee to cover business mileage driven with their private vehicle

What is best option?

You want to choose the best and fastest option, but you need information to make that choice. Relating to cross-border work, certain options may be excluded due to local regulations that apply in certain countries. This often makes it challenging to quickly find a suitable solution.

Every situation is different!

The habits and regulations regarding company cars are different in each country. The fiscal treatment and therefore the cost differs too. Furthermore, every situation is different. Unfortunately, we frequently encounter employees and employers that are stuck in their quest for a company car.

To give you an impression of our expertise, please find below some frequently asked questions from our daily practice:

  • Could I make a car with a British or German licence plate available for my Belgian employee?
  • Could I buy a (cheaper) car in Germany for my Dutch employee who often works in Germany?
  • Where does my employee pay tax for private use of the company car?
  • I am unable to lease or buy a car in France. Could I simply grant my employee an expense allowance for his mileage?
  • I have had extensive discussions with a lease company, but they cannot/will not sign a contract with my foreign employer. How can I solve this?
  • I have made a German company car available to my Dutch employee as it was sitting in the parking lot unused and it is much cheaper than a Dutch car. My employee was stopped by the police and was told to return the car due to issues with the BPM (Tax on Passenger Motor Vehicles, a Dutch luxury tax).

The habits and regulations regarding company cars are different in each country. The fiscal treatment and therefore the cost differs too.

Prevent problems and make use of our experience

Prevent time-consuming searches or fines and make use of our experience. Interfisc is happy to help you in making a solid choice based on your specific situation. We will outline the tax implications for you, ensuring that both you and your employee are adequately informed.