The German Government has proposed a tax relief package for EV and hybrid use as company cars. Non-Business use af a company car is currently taxed based on the MSRP of the car. This is considered unfair for EV granted they are more expensive in purchase price (because it includes the battery). The proposal gives EV users a credit of 500 Euros per kWh of battery capacity, up to a max of 20 kWh.
This means, the maximum consideration will be 10.000 Euros taken off the model S purchase price, even for the smallest battery option (40 kWh). In many cases this will result in a tax deduction of 100 Euros off the monthly income, zero to 45 Euros off the tax bill.
I wish they would be sensible and take the total cost of the battery into consideration.
This means, the maximum consideration will be 10.000 Euros taken off the model S purchase price, even for the smallest battery option (40 kWh). In many cases this will result in a tax deduction of 100 Euros off the monthly income, zero to 45 Euros off the tax bill.
I wish they would be sensible and take the total cost of the battery into consideration.
