Self Employed, tax evasion is part of the job

When you live in Belgium, you are born with a natural sense for evading taxes. That is just how we are brought up. And the reason for that is simple, we have the highest income tax rate in the world, so we try to avoid paying other taxes as much as possible. It is kind of a national sport. Especially when you are self employed. Then you have to look at two kinds of taxes, business taxation and income taxation, and tons of other small taxations too...

Now, as our government decided to make combustion engines on cars their milking cow for taxation, they are forcing us to by electric or hybrid cars. So today I made a few calculations. If I sell my current diesel engined Volvo XC60 and buy a Mercedes C300E Estate with a plug in hybrid engine, I will save 400 EUR directly on pure income tax per year. Plus, I will be able to recuperate my electricity for the battery that I load at home to my business, tax free. How much is to be seen, but easily 1000 EUR per year. But then come the big bucks, for my business. As hybrid and electric cars are a lot more tax deductable for businesses, it will save my business at least 13600 EUR in taxes over the course of 4 years. And I will pay a lot less for fuel (electricity and diesel).

If I count this all together, over the course of 4 years almost half of the cost of my new car will be paid back by the government, by tax cuts alone...

Call me stupid, but my government is nuts, they should not interfere with all this bullshit, and just make the taxation of labour cut into half. That would be a lot fairer. But he, I will use this legal tax evasive way to buy a new car, of course...

Sincerely,

Pele23

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