At EnergyKing, we not only share a passion for electric driving, but we're also excited about the recent tax breaks that make electric charging stations even more attractive to businesses and individuals alike. In this blog, you'll discover why installing an electric charging station is not only good for the environment but also for your wallet.
Green Cars, Green Deduction
Finance Minister Van Peteghem recently approved a bill aimed at greening mobility. One notable measure in it is that only carbon-emission-free company cars will be tax deductible. This opens the door to more sustainable choices in business. But there is more good news - both the self-employed and individuals can benefit from attractive tax incentives when installing an electric charging station.
Individuals Score Fiscal Advantage
Although you're probably a business owner, we won't leave out the options for individuals. Installing a home electric charging station is not only good for the environment, but also for your finances. If you chose to do so before Dec. 31, 2022, you received an impressive tax reduction of 45%. In 2023, this dropped to 30%, and in 2024 to 15%. Both homeowners and renters are eligible. The maximum amount on which the tax reduction is calculated is 1,500 euros per taxpayer. For business owners who work a lot from home or regularly serve clients from home, installing a charging station can be a smart investment.
Smart Charging, Smart Terms
However, there are some conditions attached to these tax benefits. The charging station must be classified as an intelligent charging station, which means that charging time and power can be controlled. In addition, the charging station must use only green electricity. Don't worry, because with our EnergyKing charging stations we meet these conditions, which means you not only benefit from tax breaks, but also contribute to a more sustainable future.
Investing in Green Charging is Investing in the Future
Clearly, recent tax measures make installing electric charging stations both attractive and financially prudent. Whether you run a business or are an individual, the benefits are significant. Not only is it a step toward more sustainable mobility, but it also provides a green boost to your finances. So consider carefully and make a smart investment in green charging - for the environment and for your wallet.
