Restrictions on company cars. The new measure has confirmed the increase in tax on vehicles assigned to employees for mixed use. Taxes are increased for Petrol and diesel vehicleWhile electric and hybrid vehicles have decreased. The new rules change the way the value of your company car is calculated for tax purposes. In many cases, this value increases, causing employees to pay more tax. This innovation will come into effect from 2025.
Maneuver 2025: New way to calculate tax on company cars
Maneuver, started by Camera And passed in the Senate, it confirmed the increase in taxes on gasoline and diesel-powered company cars assigned by companies to their employees and which can be used both for business trips and private life. The change will be effective from today. 2025but will also apply to vehicles ordered in 2024.
Today, people who get a company car are forced to pay more tax, as the benefit is considered a ‘fringe benefit’. To date, the amount of taxes has been determined by Model And the amount of Polluting emissions. Income increases as a percentage of the vehicle’s CO2 emissions: up to 60 grams of CO2 per kilometer is counted as 25 percent. Cost per km (amount established by the Automobile Club of Italy) 61 to 160 g CO2 per km 30%; 161 to 190 grams of CO2 per kilometer at 50%; More than 190 grams of CO2 per km 60%.
From 2025, however, additional income depends Type of vehicle power supply: 10% of cost per kilometer for electric cars; 20% for plug-in hybrid cars; gave 50% For other vehicles. Therefore, if on the one hand the maximum percentage is reduced compared to 2024, on the other hand the tax on the cars most used by employees (which fall within the range of pollution between 61 and 160 grams of CO2 per kilometer is) increased from 30% to 50%
How much salary do employees pay from 2025?
If we take for example a car that has an operating cost of 0,50 Euro For every kilometer traveled and the classic 15,000 kilometers covered annually, the total cost will be approx. 7.500 euros.
According to the previous system of calculation, if a car falls in the most common emission band (between 61 and 160 g/km of CO2), the taxable fringe benefit corresponds to that. 30% of the total cost, viz 2.250 euros. Consequently, in the tax return, this amount was treated as additional income, thereby increasing the personal income tax (Irpef) payable.
Based on the new provisions, the employee has to declare higher gross income. Actually, instead of 30%, it has to be considered 50% equal to the total cost of using the car 3.750 euros. This will result in a monthly increase in taxable income of approx. 125 euros.
The reaction of sector associations, such as the Confundistria Association for the car rental and mobility sector, has been strong (Anfia), According to him, the new rule will slow down the automotive market, which will reduce company car purchases in general. There are also concerns for long-term rental companies, which fear a drop in new applications of up to 30% and the extension of old contracts.
