Increase in value of car benefit

As you are being paid wages and given fringe benefits, including a company car, your employer is under a duty to send information to the Incomes Register on the amounts and the tax values. After that, the information will be transferred to your pre-completed tax return. It is included in the sum total of the wage income paid to you by your employer.

You can use the Increase in value of car benefit section to declare an increase in the tax value of your company car. The value must be increased if private driving exceeded 18,000 kilometres for the calendar year that ended, or if private driving exceeded 1,500 kilometres per month during the period when your employer provided you with the car.

Note: commuting between home and work is deemed as private driving.

How to file in MyTax

Tick the box for I am reporting the amount of private driving in order to increase the value of the car benefit and fill in the amount of your private driving in kilometrs.

If you cannot use MyTax, send the information in free form to Tax Administration, P.O. Box 700, FI-00052 VERO.

 If you have a company car and you demand a reduced tax value for it, see instructions: Reduction in the value of a company car benefit.