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Self-employed persons' mileage
allowances in 2024

Entrepreneurial mileage allowances will be a key part of the cost structure of doing business in 2024. The tax rules related to these allowances can have a significant impact on entrepreneurial decisions on mobility and directly affect the profitability of the business. It is therefore important for entrepreneurs to keep up to date with the current rules to ensure optimal tax treatment of mileage allowances.

The 2024 mileage allowance:

Under certain conditions, mileage allowances for commuting may be tax deductible. A business trip is a temporary journey made for the purpose of carrying out a work assignment.

Car: €0.57/km
Motorboats (max 50hp): 1,00 €/km
Motorboat (over 50hp): €1.45/km
Snowmobile: €1.38/km
ATV: 1,30 €/km
Motorcycle: €0.44/km
Moped: €0.23/km
Other means of transport: 0,14 €/km

Increased mileage allowance for motorists:

Trailer attached: +0,10 €/km
Caravan transport: +0,15 €/km
Heavy goods transport: +0,29 €/km
Objects weighing more than 80 kg or large objects: +0,04 €/km
Carrying a dog: +0,04 €/km
Moving on a forest road or closed roadworks: +0.12 €/km
Extra passenger: +0.04 €/km
Read more on the Tax Administration's website ->

Reimbursement of travel expenses by car

If you or your spouse drive more than 50% of your car for business purposes, you can deduct the cost of the car in the same proportion.

Example:

The reimbursement of travel expenses depends on how much work-related travel you do. If you drive your own car or your spouse's car for more than 50% of your commuting, you can deduct the cost of the car proportionally. For example, if you drive 70% of your business trips and 30% of your personal trips during the year, you can deduct 70% of your car-related costs, such as fuel and maintenance.

If you drive your own car or your spouse's car for less than 50% of your business trips, you can get a tax benefit in the form of mileage reimbursement. The kilometres driven for work purposes must be documented in a logbook.

Logbook

The role of the logbook is very important in order to take advantage of deductions in your accounting. Travel expenses can be deducted if you have completed the logbook correctly. The Driversnote logbook, for example, also follows the tax administration's guidelines, which at the same time distinguish between business and private journeys.

Purpose of the trips
Driven kilometres
Start and end times
Starting and ending point
Trip meter reading at the start and end of the journey

Driversnote instructions

How to keep a record of business travel?

<- Edellinen
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How to send a Driversnote report

1. Open the Driversnote app and go to the "Report" section
2. Press "+" to create a report
1. Select the correct time interval (first - 15th of the month or 16th - last day of the month)

2. Change the trip type to "Business"

3. Save
6. Press ">" to send the report to

7. Check that you are sending the report to Truster

8. Send the report
<- Edellinen
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Read more on Driversnote's own website ->Or ask our customer service ->