Schemes, deductions, depreciation and grants at 'green transition

The transition to a CO2 neutral society is inevitable. Although the feasibility of the European targets is under discussion, it is clear that that sooner or later the transport sector will also be subject to change.

This has led to an abundance of new laws, regulations and taxes, often resulting in additional administrative work and financial burdens.

All this is meant to promote the transition to sustainability. If in the future you are considering: investing in sustainability, it is crucial to be aware of all current arrangements where you can benefit financially. We'll name a few: ## Energy Investment Deduction (EIA) The Energy Investment Deduction (EIA) is a tax scheme that directly benefits entrepreneurs offers when investing in energy-saving business resources and renewable energy.

In addition to the normal depreciation on the investment, entrepreneurs can have a deduct additional amount from their taxable profit.

This additional amount corresponds to: 45.5% of the investment amount that is eligible, not nauseous! In order to make use of this tax deduction scheme, the investment must comply three conditions: are included under the investment deduction. Furthermore, the investment must be at least €2,601. The amount that you may be deducted from your profit varies by investment level and changes annually.

• The minimum amount of energy investment is €2,500 per resource
• The product has not been used before
• The equipment is on the energy list of the RVO ## Small scale investment deduction (KIA) The Small-Scale Investment Deduction (KIA) is a deducted from your profit. To be eligible, there must be a right to investment deductions. Trucks

The table of the Small scale Investment Deduction (KIA) of 2023 is as follows: combined.

To avoid missing out, you need to report the investment to the RVO within 3 months of the investment. ## Environmental Investment Deduction (MIA) & Random Depreciation Environmental Investments (VAMIL) The Environmental Investment Deduction (MIA) gives you the opportunity to get your reducing tax profits through up to 45% of the investment amount to be deducted from profits. The exact rate of deduction will depend on the environmental effects and the viability of the business. With the Random depreciation environmental investments (VAMIL) you can use a write off investment at any time. The random depreciation is limited to 75% of the investment amount. By speeding up your write-off, you reduce tax profits and pay less tax in that year.

This will provide you with a liquidity advantage Op.

• €2.601 to €63.716 → 28% of the investment amount
• €63,716 to €117,991 → €17,841
• €117,992 to €353,973 → €17,841 minus 7,56% of the investment amount above €117,991
• Above €353.973 → 0% The Energy Investment Deduction (EIA) and Small-Scale Investment Deduction (KIA) can be

To qualify with the MIA/VAMIL your investment must meet the following 4 conditions: not to be combined with the EIA. You should therefore choose between the combination of EIA and KIA or MIA, VAMIL and KIA.

For MIA and VAMIL also use within 3 months of the investment, the investment reports to the RVO. In next week's article we will update you on the Purchase Grant Zero-Emission Trucks scheme.

With this scheme you can save up to €131,900 per vehicle purchase.

• The company is on the RVO's environmental list (this changes every year)
• The product has not been used before
• The investment must relate to the purchase and production costs of the assets
• The minimum amount of environmental investment is €2,500 per resource The MIA and VAMIL can be combined with each other and can be combined with the KIA. MIA and VAMIL fall