Youngtimer scheme limited to cars 25 years old or older

What changes?

Are you an entrepreneur and do you drive a company car that is between 16 and 25 years old, a so called ‘youngtimer’? The youngtimer scheme will change. From 2027 onwards this scheme will only apply to cars 25 years old or older.

As a result of this change, the current favourable addition for private use of 35% for youngtimers will no longer apply. You will often have to pay more taxes for your company car.

The main changes are:

• The age limit for the youngtimer scheme will be raised to 25 years
• Cars between 16 and 25 years old will no longer be covered by this scheme.
• You pay the standard private use addition instead of the lower private use addition.
• The scheme will be less attractive to business owners and self-employed persons (zzp’ers).

For whom?

• entrepreneurs making use of the youngtimer scheme
• entrepreneurs with a company car between 16 and 25 years old
• entrepreneurs considering using a youngtimer for business purposes

When?

This change in the Wages and Salaries Tax Act (Wet op de loonbelasting) and the Income Tax Act (Wet inkomstenbelasting) will take effect on 1 January 2027.