Self-employed car expenses

Options

Two methods: (1) actual expenses × percentage of business use, (2) fixed deduction according to business kilometers.

Limitations

VAT on a private vehicle: not deductible. Depreciation: limited. Insurance and fuel: according to percentage of use.

Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.