2012-2013 tax regime for company cars: what changes

With the new tax regime in force the use of company cars will not prove more affordable for businesses that choose. The fiscal tightening that from next year it will hit the deduction of costs related to company cars, which was reduced from 40% to 27.5%, and the issues on the use of the same by the shareholders also for personal reasons are leading many businesses choose to lug passenger cars directly to the directors for the corporation, the general partners for sas or partners.

The request for reimbursement for mileage, in fact, allows the full or IRES income tax deductibility of these costs, with the entity, and the intassabilità of repayment, the ends of the tutor.

The Agency has made clear regarding these refunds, it is possible to deduce the total rate Acis and not just the part proportional to the distance. The mileage allowance, however, have a maximum limit of deduction for the company, equal to the cost of driving of automobiles of a power not exceeding 17 fiscal horsepower, or 20 if with a diesel engine.

Cars with 17 horses have fiscal capacity between 1505.9 and 1643.3 cc., While those of 20 horses between 1930.6 and 2080.1 cc tax. A resolution Revenue has clarified that for the cost of travel which deductible mileage allowance reimbursed to employees or holders of coordinated and continuous collaboration must mean the overall cost of ownership in the euro Km calculated by ACI, including the portion relating to the cost not proportional to the mileage (RCA insurance, vehicle tax, interest).

Exceeded then the provision allowing the use of only Aci rate proportional to the distance (capital, fuel, maintenance, repair and tires).

 

05/08/2012

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Translated via software

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Source:

Italian version of CercaGeometra.it