{"id":12349,"date":"2023-01-13T11:10:00","date_gmt":"2023-01-13T10:10:00","guid":{"rendered":"https:\/\/firmalex.com\/?p=12349"},"modified":"2023-03-06T11:13:00","modified_gmt":"2023-03-06T10:13:00","slug":"deductible-vehicle-expenses-for-self-employed","status":"publish","type":"post","link":"https:\/\/firmalex.com\/en\/2023\/01\/13\/deductible-vehicle-expenses-for-self-employed\/","title":{"rendered":"Deductible vehicle expenses for self-employed"},"content":{"rendered":"\n

Among the deductible expenses for self-employed are vehicle expenses, including the possibility of deducting gasoline. However, in order to deduct the purchase of a car or fuel, it is necessary to meet certain requirements.<\/p><\/blockquote>\n\n\n\n

Buying a new car<\/h4>\n\n\n\n

Individuals who have purchased a new car may deduct the VAT from said purchase if they use the car for the development of a professional activity <\/strong>.<\/p>\n\n\n\n

The purchase of a vehicle is understood as the usual cash payment or financing, but also other formulas, such as renting or leasing.<\/p>\n\n\n\n

The amount that can be deducted amounts to 50% of the amortization installments and financing interest and also half of the amount corresponding to VAT <\/strong>.<\/p>\n\n\n\n

Professionals who carry out certain activities <\/strong>, such as the transport of people or merchandise, commercial agents, driving schools and security services may be able to deduct 100% of VAT <\/strong>. In order to do so, the vehicle must be in the name of a natural person.<\/p>\n\n\n\n

Company car<\/h4>\n\n\n\n

Only legal persons may deduct the cost of the company car used by one or more employees of a company. Therefore, the self-employed are left out of this possibility <\/strong>.<\/p>\n\n\n\n

Gas<\/h4>\n\n\n\n

A common expense that all the self-employed tend to have is the fuel necessary for trips to make purchases or visit clients. If certain requirements are met, it can be fully deducted in the IRPF and 100% or 50% in the VAT.<\/p>\n\n\n\n

Requirements to deduct fuel expenses if you are self-employed<\/h5>\n\n\n\n

To deduct fuel expenses if you are self-employed, it is necessary to meet the following requirements <\/strong>:<\/p>\n\n\n\n