"Advance EV costs the Treasury hundreds of millions of euros"

In 2021, the loss for the Treasury rose to 594 million a year (photo: Shutterstock) [19659004] In particular, the low addition and the tax levied on motor vehicles is a growing cost element: in total, taxes on cars could fall by 3%.

Due to the advance of the electric car (EV), the Treasury will lose hundreds of millions of euros in turnover in the years to come, De Volkskrant says as a result research firm Roland Berger. The cause is the policy that stimulates the purchase and use of electric vehicles. If this policy does not change, the revenue loss of the tax authorities will reach nearly 600 million euros per year over three years. This represents about three percent of the total amount of taxes on cars. It is expected that the government will receive around 20 billion car taxes, especially since bpm revenues appear to be higher.

Today, just under 4% of new passenger cars in the Netherlands are fully electric. This share is expected to grow rapidly in the coming years, in part because many manufacturers will offer more affordable models in the market. In order to stimulate the sale of electric vehicles, buyers are not required to pay the tax on bpm and motor vehicles. Business owners benefit from a slight increase of 4%, although it reaches a maximum of 50,000 euros for the coming year.

Loss Increases

Although the sales boom is yet to break, the revenue loss of the tax authorities is already greater this year. 174 million euros, according to De Volkskrant. This amount will rise rapidly to 594 million in 2021 in the coming years, while nearly 10% of new cars are electric. The calculation assumes that the current incentives will not change.

Among the revenues missed in 2021, the most important item is the basic tax debt missed: more than 220 million. A large part of the stimulus package consists of a bpm exemption: in 2021, the tax authorities will therefore miss 204 million euros. More than 60 million pounds are missing and 35 million "diesel surcharges", which the state receives less because diesel drivers switch to an electric vehicle. The absence of excise tax on fuel saves $ 75 million to the public treasury; Part of this comes in through excise duties on electricity

Secretary of State Snel van Financiën calls for unsustainable long-term tax benefits, De Volkskrant says. When there is an adjustment and in what form, it does not mean. The current addition plans are set until 2020.