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Is short-term leasing tax-deductible?


The advantage of short-term leasing is that you benefit from the many conveniences offered by operational leasing, but without any financial risk. Furthermore, the same rules and benefits apply to business short-term leasing as to operational leasing. This means that you can deduct the monthly costs from your business profits, provided that the leased car is used for business purposes.

Using a privately short-leased car for business purposes

It may also be the case that you privately short-lease a car but start using it extensively for business purposes at a certain point. In that case, you are allowed to assign yourself a mileage allowance of 19 cents per kilometer. This amount is deductible, which can result in a significant fiscal advantage for you. However, it is important that you keep accurate records of which trips you use the car for business purposes and that you can justify this.

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