{"id":15169,"date":"2023-04-17T15:53:15","date_gmt":"2023-04-17T15:53:15","guid":{"rendered":"https:\/\/www.accountable.de\/deductions\/car-insurance\/"},"modified":"2023-04-17T15:53:15","modified_gmt":"2023-04-17T15:53:15","slug":"car-insurance","status":"publish","type":"deduction","link":"https:\/\/www.accountable.de\/en\/deductions\/car-insurance\/","title":{"rendered":"Deduct your car insurance"},"content":{"rendered":"\n

Your car insurance is tax-deductible<\/h2>\n\n\n\n

You can deduct all the costs you incur for your company car, including the car insurance.<\/strong> You do this to the extent you use the car professionally and based on the maximum tax deductibility<\/a>, which depends on the CO2 emissions of your car (calculated using the gram formula).<\/p>\n\n\n\n

Suppose you have a car that is tax deductible up to 80% according to the gram formula, but you, as a self-employed person with a secondary occupation, only use your car professionally 50% of the time. Then the tax deductibility of your car and all car expenses is 40% (50% of 80%). Within the same example, are you self-employed as a main occupation and do you use your car 100% of the time for professional purposes? Then you can deduct 80% of all car expenses, including your car insurance, as professional expenses.<\/p>\n\n\n\n

What car expenses are tax deductible?<\/h2>\n\n\n\n

The purchase, financial renting or leasing of your car is (partially) tax deductible. To what extent and how to calculate this, read here<\/a>.<\/p>\n\n\n\n

In addition, all other costs associated with your car are also tax deductible to the same percentage. Think about:<\/p>\n\n\n\n