VAT numbers, the tax discount on sales agents' cars increases
An increase in the deductible cost threshold and the deductibility percentage for electric and hybrid vehicles is expected
Quick Look
- The 2027 Budget Bill updates the tax deductibility threshold for commercial agents' cars, which has been stuck in 1997.
- The limit rises to 35 thousand euros, with incentives for electric and hybrid vehicles to encourage the green transition.
AI-generated summary
Why It Matters
The deductibility threshold for agents' cars was stuck in 1997, based on a value of 50 million lire converted into euros.
The maximum threshold for the tax discount for cars purchased or leased by commercial agents is preparing to be updated with particular attention to the green transition. In the 2027 Budget Bill, the requests of the trade associations will be accepted, which just a few days ago pleaded in a meeting with the Deputy Minister of Economy Maurizio Leo for the need to update the maximum threshold of 25,822.84 euros. A threshold that remained fixed in 1997, when it was established at 50 million lire, and then simply "translated" into euros without any type of update.
With the 2027 Budget Bill comes the increase of the maximum cost from 25,882.84 to 35 thousand euros and from 80 to 90% of the percentage of deductibility of costs relating to exclusively electric traction battery vehicles and hybrid vehicles. While for leasing the threshold goes to 5,164.57 euros. This update is linked to the need to purchase or lease green vehicles, i.e. with a lower polluting impact. A mechanism which therefore brings together the need to adapt the tax treatment of the category, which, despite a maximum threshold which has remained unchanged, has instead seen a significant increase in car costs over time, with that of encouraging a green transition of the car fleet.
The impact will have an impact on a potentially very large audience of 200 thousand agents, who intermediate a total turnover estimated at around 500 billion euros, equal to 25% of the Italian GDP. According to the numbers in the technical report, the issue of increasing the maximum deductible cost affects approximately 156 thousand vehicles.
The issue, on which the Budget Bill now intervenes, is closely linked to the increases in fuel prices and the overall increase in mobility costs, which has impacted all motorists and which for commercial agents determines a problem of economic sustainability. With a very high use of the car for work, the increases in fuel have greatly complicated the ability to continue the activity.
What to Watch
AI outlook — possibilities, not facts
Raising the deductibility threshold to 35 thousand euros in the 2027 Budget Bill
Likely · Within months
Open Questions
- What will be the technical timeframe for entry into force?
