The benefits of electric business driving

20 september 2021

An electric car does not emit polluting gases, such as CO2 and nitrogen dioxide. That is one of the reasons why the government encourages people to purchase or lease an electric car. In addition to contributing to the environment, there are also other (fiscal) benefits associated with it. You can read what these are below.

1. Environmental investment deduction

The environmental investment deduction, also called MIA, is a scheme that you can deduct from the company's profit. This year, the MIA could be deducted from the profit up to 36 percent of the investment amount. However, this percentage depends on your car and how 'green' it is.

2. Exemption from BPM and MRB

Just like private individuals, entrepreneurs do not pay BPM and MRB when they drive an electric car. You can certainly benefit from this until 2025. The BPM, also called tax on passenger cars and motor vehicles, was previously calculated by the amount of CO2 that your car emitted. And since electric cars do not emit harmful substances, you are exempt from this. In addition, the motor vehicle tax has also been lifted for electric cars to further encourage electric driving.

3. Lower additional tax

As an entrepreneur, do you lease an electric car, or do you drive an electric company car? Then that is also a lot cheaper when it comes to additional tax. Electric cars pay a lot less additional tax than petrol and diesel cars. For cars that received a license plate in 2021, you will only pay an additional twelve percent, but this percentage will increase every year. Moreover, you pay this percentage for the first forty thousand euros: for the amount above that you pay the 'normal' percentage. That's 22 percent.

4. Local subsidies

In some cases you can apply for a local subsidy if you purchase an electric car. This is possible in a number of provinces and municipalities. In many cases, these municipalities and provinces also make purchasing a charging station at home attractive. This sometimes involves a number of snags: for example, the charging station must be accessible to everyone. So check this carefully with your municipality or province.

5. Save on fuel and maintenance

Although electric driving is not free, it is a lot cheaper than driving with fuel. You pay on average eleven euros for one hundred kilometers in a petrol car. This quickly adds up if you have to go back and forth to work every day or visit customers. For electric driving you pay an average of only 3.50 euros for 100 kilometers.

In addition, an electric car is cheaper to maintain than a fuel car. This is because an electric car has fewer parts than a combustion engine. Regular oil changes are also a thing of the past, which is often seen as an annoying task.

6. Better image

As an entrepreneur, you show the outside world that you care about the environment when you drive an electric car. This can create a good feeling not only for the customer, but also in the business world. Perhaps you encourage them to also drive electric. Research even shows that a large proportion of people find it important that entrepreneurs want to pursue a social goal. In this case: better management of the environment.