VDIK welcomes the halving of the company car tax for electric vehicles

Bad Homburg. In today’s cabinet meeting, the German government has initiated another agreement from the coalition agreement. The taxation of the private use of electric vehicles (battery electric, plug-in hybrid and fuel cell vehicles) as company cars purchased or leased between 1 January 2019 and 31 December 2021 inclusive will be halved by this amendment. Disadvantage compensation for the costs of the battery system is suspended for this period. However, it continues to apply to all vehicles purchased before and after .

VDIK President Reinhard Zirpel: “New registrations of electric vehicles increased significantly in the first half of 2018. We expressly welcome the halving of the company car tax for these vehicles that has now been decided by the Federal Government. We believe that this regulation, the dynamically growing range of models and the improvement of the charging infrastructure will significantly increase the number of registrations and make an important contribution to meeting the environmental policy objectives associated with electromobility”.