Multi-purpose cars, more expensive company vehicles allocated from July
No previous taxation even if the order was placed before the end of 2024. This is confirmed by the Inland Revenue Agency
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Key points
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A car for mixed use assigned to the employee after 30 June 2025 taxed according to the 'normal value', even if ordered and granted under a contract concluded in 2024. Confirming this strict interpretation position is the Revenue Agency in its answer to interpello 192/2025.
If thefringe benefits are in principle taxed according to the 'normal value' of the asset, thecars granted for mixed use are generally subject to a favourable regulation according to which thetaxable and taxable income is determined on the basis of two components: on the one hand, themileage cost defined annually by ACI for the specific model of vehicle, on a conventional annual mileage of 15 thousand kilometres; on the other hand, atax coefficient determined by the legislature. The result of applying the coefficient to the cost per kilometre determines the taxable income net of any deductions for the employee. However, also for cars for mixed use, taxation according to the 'normal value' is applicable where the favourable regime is not permitted.
The three tax regimes
.In essence, from 2025 we have three tax regimes applicable. Vehicles that, as of 1 January 2025, are registered, subject to concession contracts in mixed use and delivered to the employee will be subject to the new rules provided for by the Budget Law 2025, which consists of the use of the following taxation coefficients:
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- 10% in case of allocation of battery electric vehicles;
- 20% in case of allocation of plug-in hybrid electric vehicles;
- 50% in all other cases (natural gas, LPG, hydrogen, petrol, diesel and Hev hybrids). .
For vehicles granted for mixed use from 1 July 2020 to 31 December 2024 and for vehicles ordered by employers by 31 December 2024 and granted for mixed use from 1 January 2025 to 30 June 2025, the provision in force on 31 December 2024, according to which the taxable amount is determined with the following tax coefficients, is applicable:
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- 25% for vehicles with Co2 emissions up to 60 g/km;
- 30% for those between 61 and 160 g/km;
- 50% for the 161-190 g/km range;
- 60% for over 190 g/km.
For the remaining cases, the third, and more unfavourable, taxation regime is applicable, in which the taxable amount is determined according to the 'normal value' of the asset in accordance with Article 9 of the Tuir, i.e. by taking as a reference, for example, theleasing or rental fee paid by the employer net of the mileage allowance for kilometres travelled for the employer.
