Flash Notícias NA 05/06/2025
Tax Benefits of Plug-in Hybrid Vehicles in Portugal
Plug-in hybrid vehicles (PHEVs) benefit from substantial tax advantages in Portugal. This article outlines the eligibility criteria and applicable tax benefits under the current Portuguese tax legislation.
In Portugal, only plug-in hybrid vehicles — i.e., those whose batteries can be charged via the power grid — are entitled to specific tax incentives. To qualify, vehicles must meet both of the following criteria:
• Minimum electric-only range of 50 km
• Official CO₂ emissions below 50 g/km
Eligible vehicles benefit from the following tax advantages:
• VAT deduction on acquisition, provided the purchase price does not exceed €50,000
• VAT deduction on leasing, under the same €50,000 limit
• Maximum deductible depreciation of €50,000, compared to the standard €37,500 for regular vehicles
Additionally, autonomous taxation rates are lower for these vehicles:
• 2.5% for vehicles costing up to €37,500 (compared to 8% for others)
• 7.5% for prices between €37,500 and €45,000 (compared to 25%)
• 15% for vehicles above €45,000 (compared to 32%)
Importantly, autonomous taxation can be waived, regardless of vehicle type, if a written agreement is signed between the employer and the employee or executive, with the latter accepting taxation as a benefit in kind under IRS Category A.
Conclusion:
Plug-in hybrids present a fiscally efficient and environmentally sound choice for companies and self-employed professionals. Ensuring compliance with the legal criteria is key to benefiting from these tax incentives.
NOMINAUREA keeps track of tax developments and supports your business in adopting fiscally efficient and sustainable mobility solutions.
