New rules for deductible company cars explained by Febiac’s Gabriel Goffoy on Radio 1

Gabriel Goffoy of the Febiac automobile federation explains the new rules in “The world today” on Radio 1: “Suppose you buy a company car from July 1 that is still 100 percent deductible today, then that car will be deductible at a maximum of 75 percent from 2025. From 2026 it will be only 50 percent, from 2027 it will be 25 percent and in 2028 it will be 0 percent.”

“The social contribution on those cars will also increase drastically in the coming years,” Goffoy continues. “Only fully electric company cars will remain fiscally attractive and 100 percent deductible.”