Automobile taxation 2020


Automobile taxation 2020

Learn about the main changes in vehicle taxation in France for 2020!

 

Malus scheme for vehicles 

As of January 1st, the Malus scheme applies to vehicles with CO2 emissions above or equal to 110 g/km (NEDC standard).

As of March 1st, the standard selected to calculate emissions will be the more stringent WLTP. The malus will apply to cars with CO2 emissions above or equal to 138 g/km.

The new malus ceiling is set at €20,000 for vehicles emitting more than 184 g/km of CO2(212 g/km with the WLTP standard). 

The final version of the 2020 scale in France accounts for this effort. 

 > Consult the scale

 

Bonus scheme for vehicles 

When you purchase or take out a long-term lease on an electric company vehicle, you may benefit from a bonus of 27% on the purchase price, of up to €3,000. This bonus is not paid out if the purchase price is above €60,000.

 

TVS (French company vehicle tax) 

As of March 1st, the TVS scales are now calculated from WLTP cycle CO2 emissions.

Pricing for the CO2 component is adjusted accordingly:

CO2 emission rate

(in grams per kilometer)

Price applicable per gram of CO2(in euros)

Below or equal to 20

0

Above 20 and below or equal to 50

1

Above 50 and below or equal to 120

2

Above 120 and below or equal to 150

4.5

Above 150 and below or equal to 170

6.5

Above 170 and below or equal to 190

13

Above 190 and below or equal to 230

19.5

Above 230 and below or equal to 270

23.5

Above 270

29

 

 

 

The “Air tax” component remains the same:

Year of registration

Gasoline

Diesel

Before January 1st 1997

€70

€600

From 1997 to 2000

€45

€400

From 2001 to 2005

€45

€300

From 2006 to 2010

€45

€100

As of 2011

€20

€40

 

Sales tax on gasoline 

For Personal Cars, the share of sales tax deductible on the price of gasoline (unleaded 95 and unleaded 98) has risen to 60%.

As a reminder, next year, sales tax deductibility will be 80%, and 100% in 2022.

 

Additional depreciation for dual fuel vehicles

As of January 1st 2020, dual fuel-powered vehicles that combine gas and diesel will be eligible for the additional depreciation scheme. The additional depreciation is 20% for light vehicles.

 

In 2020, vehicle taxation remains unchanged as regards several other aspects, specifically:

- Depreciation rules for company vehicles

- Rules for employees’ benefits in kind

- Conversion bonus

 

Contact us for a more in-depth analysis of tax impacts on your vehicle fleet and purchasing plans.

 

This page is given for information purposes only. Accordingly, it may incur no liability whatsoever for BPCE LEASE and BPCE CAR LEASE, where the latter accepts no responsibility for its content.

 


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