Youngtimer scheme limited to cars 25 years old or older

What changes?

Do you drive a company car that is between 16 and 25 years old, a so called ‘youngtimer’? The youngtimer scheme may change from 2027.

According to the current plans this scheme would then only apply to cars 25 years old or older. Less cars would be eligible for the favourable addition for private use of 35% on the current market value.

Please note: the House of Representatvives has indicated that it wishes to amend this change. The exact details of the scheme from 2027 onwards have not yet been finalised.

The main changes according to the current plans are:

• The age limit for the youngtimer scheme will be raised from 15 to 25 years
• Cars between 15 and 25 years old will no longer be covered by this scheme.
• You pay the standard private use addition for these cars.

For whom?

• entrepreneurs making use of the youngtimer scheme
• entrepreneurs with a company car 

When?

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

Please note: this date and the details are not yet final. The House of Representatives may yet amend the plans.