According to a decision by the Federal Assembly, the private use of company vehicles should be taxable at a flat rate which now also includes travel costs to the place of work. On 28 June 2019, the Federal Department of Finance (FDF) sent an amendment to the ordinance for consultation.
In accordance with the media release of 26 June 2019, the FDF is proposing an amendment to the Professional Expenses Ordinance so that the private use of a company car will now be taxed at 0.9% of the vehicle purchase price per month (instead of 0.8% as previously). In return, the offsetting for the commuting and the travel expenses deduction are omitted. In addition, employers are no longer required to declare the "field service" portion on the wage statement.
The bill regulates the procedure for direct federal tax and is designed in such a way that it is revenue-neutral for a business vehicle owner with a vehicle purchase price of CHF 50,000, a daily commute of 30 kilometres and around 50 per cent outside work.
The press release and further information is available here.
