Join Date: Feb 2019
Location: Rhenen, The Netherlands
Cars in the Netherlands are expensive. My car is a I-PACE SE; Corris Grey; Cold Climate Pack; Driver Assist Pack; Air Suspension; 20" Wheels; Panoramic Roof; Matrix Headlights; Fog lights and Privacy Glass, costed EUR 100,000 including 21% Value Added Tax (today USD 113,000). Company cars can be used for private trips but you have to add 4% yearly for an EV of the consumer price to your income. This goes for a period of 5 years. For ICE cars it is 22%. My top income tax scale is 52%. In 2019 the first EUR 50,000 consumer price has 4% extra Tax to my income and for the rest (EUR 50.000) I have to add 22% to my income.
-Buying the car in 2018 and driving it for 5 years: EUR 100,000 @ 4% is EUR 4,000 @52% income tax means net EUR 2,080 per year.
-Buying the car in 2019 and driving it for 5 years: EUR 50,000 @ 4% is EUR 2,000 @52% income tax means net EUR 2,080 per year +++PLUS+++ EUR 50,000 @ 22% is EUR 11,000 @52% income tax means net EUR 5,720 per year, totaling EUR 5700 per year, straight out of my pocket.
I'm not complaining, just explaining. Paying so much tax in the Netherlands means also that everyone has a comprehensive Health Care Insurance for next to nothing. Also education is almost free. Who doesn't want a healthy, well educated society?
2019 I-PACE EV400 SE; Cold Climate Pack; Driver Assist Pack; Air Suspension; 20" Wheels; Panoramic Roof; Matrix Headlights; Fog lights and Privacy Glass.