Higher addition for private use of old company car (youngtimer)

For whom?

• entrepreneurs and employees with an older company car, a so called ‘youngtimer’, who use the youngtimer scheme

What changes?

Do you drive a company car older than 16 years and are you making use of the youngtimer scheme? The age limit for the youngtimer scheme is set to change:

• from 1 January 2027, the scheme will apply to cars aged 17 years or older (in 2026, this is 16 years)
• from 1 January 2028, the scheme will apply to cars aged 20 years and over

The previously planned change in the minimum age to 25 years or older has been cancelled. The government is phasing out the scheme gradually, so that car dealerships and business owners are not hit so suddenly by rising costs.

Under the youngtimer scheme, older cars (youngtimers) are subject to a private use addition (bijtelling) of 35% of their market value. For cars that are not youngtimers, a private use addition of 22% or 25% applies to the list price (depending on the exact age of the car). The private use addition based on the current market value is generally lower for a youngtimer than that based on the list price.

If your car no longer qualifies for the scheme due to the new age limit, you will generally pay a higher private use addition.

When?

• The change to the youngtimer scheme is expected to come into force on 1 January 2027.
• Transitional provisions apply to cars that were already being used by the same person before 2026, and which will be 17 years old in 2027. The youngtimer scheme may be applied to these cars throughout 2027.