Firmenwagen für Arbeitnehmerinnen und Arbeitnehmer

The company car, which can also be used for private trips free of charge or at a reduced rate, is one of the most popular salary extras among employees. Employees save on the high acquisition and maintenance costs of a private vehicle, and for companies, the vehicle costs are considered operating expenses. The legislator has introduced numerous tax benefits for electric and hybrid vehicles as part of its program to promote electromobility, which companies need to take into account. In addition to providing an electrically powered company vehicle, the charging and provision of charging stations for employees are also particularly incentivized from a tax perspective. Current adjustments by the tax authorities should also be noted, such as the retroactive increase in the distance allowance from January 1, 2022, as well as other tax innovations regarding the provision of company cars decided in 2022. To optimally utilize the existing tax benefits, employers should therefore address the implications of providing a company car in advance. The book provides a quick overview of the most important tax and social security law questions. It incorporates the currently existing regulations for company vehicles to promote electromobility and the latest application letters from the tax authorities that affect the provision of company cars to employees.