Tax is becoming ever more complex. The compliance burden continues to increase. Car taxation is no exception to this trend.

For some years now, the benefit in kind related to a company car must be calculated using a formula which incorporates the catalogue value, CO2-emission, fuel type and age of each individual car separately.

A part of this benefit in kind (17 or 40%, depending on whether the company bears private fuel expenses or not), must be added to the company’s disallowed expenses.

On 4 December 2018, the Council of the European Union adopted the so-called “VAT quick fixes”. The “VAT quick fixes” aim at simplifying international trade and are to be implemented by the EU Member States by 1 January 2020.