Personal vs Company Vehicle Simulator

Personal vehicle vs company vehicle in Portugal 2026: a personal-vehicle allowance pays €0.40/km (IRS-exempt up to that limit). A company vehicle adds autonomous taxation 10% (acquisition cost up to €49k) to 32.5% (above €49k), plus IUC road tax, insurance, depreciation and maintenance. Typical break-even point: ~20,000-30,000 km/year. 100% electric cars qualify for reduced rates.

Compare the total cost of using your personal vehicle (reimbursed at €0.40/km) versus a company vehicle (subject to autonomous taxation and running costs) in Portugal 2026.

Personal Vehicle vs Company Car — Key Factors

• Personal vehicle allowance: €0.40/km, exempt from IRS and Social Security up to legal limits
• Company car autonomous taxation: 8%–32% depending on acquisition value
• Running costs: insurance, IUC, maintenance, fuel — deductible at 50% for company cars
• Electric vehicles: 0% autonomous taxation up to €62,500 (major tax advantage)

For low annual mileage, personal vehicle allowance is usually more tax-efficient. For high mileage or premium vehicles, a company car may be advantageous.