INTIEAMalta · Deduction Electric VehiclePolicyIn force

Deduction Electric Vehicle

Deduction Electric Vehicle rules, the deduction from a company’s chargeable income would be equivalent to 150 % and not 125% for electric vehicles and the deduction for vehicles with emission between 0 - 70g/km would be equivalent to 125%, of the cost incurred on the qualifying…

Last changed 9 years ago.

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Country / jurisdiction: Malta · Year: 2016 · Status: In force · Level: National · Type: Voluntary

Deduction Electric Vehicle rules, the deduction from a company’s chargeable income would be equivalent to 150 % and not 125% for electric vehicles and the deduction for vehicles with emission between 0 - 70g/km would be equivalent to 125%, of the cost incurred on the qualifying expenditure, subject to a maximum deduction of €25,000 for each electrical vehicle (qualifying expenditure).

Official source: https://www.mazars.com.mt/Home/News/Tax-VAT-News/Amendments-Electric-Vehicles-Deduction-Rules

Source

https://www.iea.org/policies/2893

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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