{"id":665,"date":"2020-02-13T12:17:54","date_gmt":"2020-02-13T11:17:54","guid":{"rendered":"https:\/\/gobyron.it\/taxation-the-fourth-advantage-of-renting\/"},"modified":"2023-06-22T12:22:32","modified_gmt":"2023-06-22T10:22:32","slug":"taxation-the-fourth-advantage-of-renting","status":"publish","type":"post","link":"https:\/\/gobyron.it\/en\/taxation-the-fourth-advantage-of-renting\/","title":{"rendered":"Taxation: The Fourth Advantage of Renting"},"content":{"rendered":"\n<p>The most obvious reasons for choosing <strong>Long Term Car Rental<\/strong> are real <strong>affordability<\/strong>, possible <strong>cost planning<\/strong>, and a net <strong>savings in resources and time<\/strong> for managing your vehicle. But there is an additional advantage: <strong>taxation<\/strong>.<\/p>\n\n<hr class=\"wp-block-separator\"\/>\n\n<h4 class=\"wp-block-heading\">For a<strong>COMPANY<\/strong>, 3 cases must be analyzed:<\/h4>\n\n<ol class=\"wp-block-list\"><li>the vehicle is for use exclusively instrumental to the business conducted or is used for public use;<br\/>Direct taxes for vehicles and services are 100% <strong>deductible<\/strong>, and VAT deductibility is <strong>100%for<\/strong>vehicles and services;<\/li><li>the vehicle is not for use exclusively for the activity;<br\/>Direct taxes for vehicles and services are <strong>deductible at 20 percent<\/strong> (for rental fee costs up to \u20ac3,615.20 on an annual basis), and VAT deductibility is at <strong>40 percent<\/strong> (if proven exclusive business use, the percentage goes up to <strong>100 percent<\/strong>);<\/li><li>the vehicle is in mixed use with employees for most of the tax period.<br\/>Direct taxes for vehicles and services are <strong>70% deductible<\/strong>, and VAT deductibility is <strong>40%<\/strong> for vehicles and services (if the consideration charged to the employee with a VAT-liable invoice results in an amount at least equal to the fringe benefit on the cars, the percentage goes up to <strong>100%<\/strong>).<\/li><\/ol>\n\n<hr class=\"wp-block-separator\"\/>\n\n<h4 class=\"wp-block-heading\">For a <strong>TRADE<\/strong> <strong>AGENT<\/strong> or <strong>REPRESENTATIVE<\/strong>:<\/h4>\n\n<p>Direct taxes for vehicles and services are <strong>80% deductible<\/strong> (for rental fee costs up to \u20ac5,164.57 with annual adjustment 5,164 from 2017), and VAT deductibility is <strong>100%<\/strong> for vehicles and services (% on actual use);<\/p>\n\n<hr class=\"wp-block-separator\"\/>\n\n<h4 class=\"wp-block-heading\">For the <strong>PROFESSIONAL<\/strong> or <strong>EXERCISE ART AND PROFESSIONAL<\/strong> (individual form):<\/h4>\n\n<p>Direct taxes for vehicles and services are.  <strong>deductible at 20 percent<\/strong> (for rental fee costs up to \u20ac3,615.20 on an annual basis)*, and VAT deductibility is at the  <strong>40%<\/strong> for vehicles and services (if for exclusive use or made available to the employee for consideration, the percentage goes up to  <strong>100%<\/strong>);<\/p>\n\n<p>(*) One vehicle in case of activity carried out as an individual and one vehicle for each partner or associate in case of activity carried out as an associate.<\/p>\n\n<p><br\/><br\/><strong><a href=\"https:\/\/gobyron.it\/contact-us\/\">Contact<\/a> us for information or follow our <a href=\"https:\/\/www.facebook.com\/GoByronVehiclesRent\/\">Facebook<\/a> page to stay updated on our promotions.<\/strong><\/p>\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The most obvious reasons for choosing Long Term Car Rental are real affordability, possible cost planning, and a net savings in resources and time for managing<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":3,"featured_media":520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[25],"tags":[],"class_list":["post-665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/gobyron.it\/en\/wp-json\/wp\/v2\/posts\/665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gobyron.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gobyron.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gobyron.it\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/gobyron.it\/en\/wp-json\/wp\/v2\/comments?post=665"}],"version-history":[{"count":2,"href":"https:\/\/gobyron.it\/en\/wp-json\/wp\/v2\/posts\/665\/revisions"}],"predecessor-version":[{"id":673,"href":"https:\/\/gobyron.it\/en\/wp-json\/wp\/v2\/posts\/665\/revisions\/673"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gobyron.it\/en\/wp-json\/wp\/v2\/media\/520"}],"wp:attachment":[{"href":"https:\/\/gobyron.it\/en\/wp-json\/wp\/v2\/media?parent=665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gobyron.it\/en\/wp-json\/wp\/v2\/categories?post=665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gobyron.it\/en\/wp-json\/wp\/v2\/tags?post=665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}