What is a business charging station?
A business charging station is a charging facility you use for an electric car that belongs to your company. For tax purposes, the charging station is considered an independent business asset. This means you process the costs separately from the car. The charging station does not increase the value of the car. As a result, the charging station does not affect the additional taxable benefit. You use the charging station to drive business kilometres. You book the purchase and installation as business expenses.
Business charging station at home
You may install a business charging station at your home if you have a company car. The charging post will then be linked to the business use of the car. This does not lead to additional taxable income. You usually pay for the electricity you use at home privately. Your company settles the business part with you. For this, you must be able to prove the charging consumption. A clear record of charging moments is therefore necessary.
VAT refund on purchase of business charging station
When you buy and install a charging station, you pay VAT. If you use the charging station entirely for business purposes, you can reclaim this VAT via your VAT return, this is the preload. If you also use the charging station privately, you only deduct the business part of the VAT. You correct the private part in your administration. This also applies to the VAT on the electricity costs. Without proper substantiation, the deduction can be limited. This is why a clear separation between business and private is important.
Business charging station depreciation
You write off a business charging station over several years. You can write off a maximum of 20% of the purchase cost per year. In practice, this usually means depreciation over five years. The depreciation reduces your profit every year. In addition to the regular depreciation, you may be able to investment deduction apply. This depends on the total investment amount in that year. You process the depreciation in your profit calculation.
Corporate charge card
A corporate charge card helps record charging costs. All charging sessions are automatically recorded. You periodically receive an overview or invoice. This allows you to process the costs easily in your administration. Charging at public charging stations is also included. The charge card helps separate private and business use. Pay attention to fixed costs and rates per charging session.
