Taxation of company cars

By choosing the car's tax base, your marginal tax rate and self-payment per month, you can calculate how much you have to pay in taxes for your company car.

The environment fee is not shown in the calculator, because due to new fuel standards you cannot use the mileage shown on the cars in our showroom. However, the fee is included in all offers from Nordania and is calculated to correspond to the old, cheaper norm

Tax base
kr.
Marginal tax rate
%
Self-payment per month
kr.

Tax payment

Amount the first 36 months
Net per month:

0

Gross per month:

0

Amount after 36 months
Net per month:

0

Gross per month:

0

Taxes

Deduction in the leasing fee

The leasing fee can be deducted from tax as an operating expense.

Taxation of company car

If you have a company car at your disposal, you will be taxed. The tax is calculated based on the car's purchase price. This is referred to as the car's tax base.

You have to pay taxes of 25 percent of the car's value up to DKK 300,000 and 20 percent of the excess value. In addition, you have to pay an environment fee, which is calculated based on the car's fuel consumption.

After 36 months the tax value decreases by 25 percent, which becomes the new tax base. You must pay tax of 25 percent of the car's new tax base up to DKK 300,000 and 20 percent of the excess value.

 

The car's tax baseDKK 370,000
Environment feeDKK 6,000
Taxes of 25 % of DKK 300,000DKK 75,000
Taxes of 20 % of DKK 70,000DKK 14,000
 Taxable value per yearDKK 95,000

VAT

Avoid VAT by leasing

When you lease, you avoid having to pay VAT. Instead, the VAT is divided into smaller parts, which are paid throughout the lease period.

Deduction in VAT

If your company is VAT registerered, you may receive a partial tax deduction whehn you lease your company car. The VAT deduction is calculated based on the car's registration tax. The following must be met to obtain the deduction:

  • You must lease the car for a continuous period of more than 6 months.
  • Corporate driving must account for at least ten percent of the driving.

The VAT deduction is calculated based on the car's registration fee. See the examlpe below:
VAT deduction during the first 3 years: Registration fee x 2 % x 25 %.
VAT deduction after the first 3 years: Registration fee x 1 % x 25 %.

(The 3 years are calculated from the car's first registration date).

Example:
New car with a registration fee of DKK 150,000.

VAT deduction during the first 3 years: 150,000 x 2 % x 25 % = DKK 750 (per month).

VAT deduction after the first 3 years: 150,000 x 1 % x 25 % = DKK 375 (per month).

Find your next company car in our online showroom

Choose between more than 500 company cars and customize colours, additional equipment, mileage, duration of the lease period, and much more.

Visit our online showroom, BLUE