Name: HVR Business Consulting
Address: Avenida da Boa Esperança, Loja 4A, Lisboa, 1990-043, PT
Telephone: +351965463618
Price range: €€
Rating: 5.0

Personal vs Company Vehicle Simulator

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.