At first glance, a logbook may just be a simple record of the distances travelled. But for many drivers, it is of far greater importance. Whether for self-employed people with their own company car or entrepreneurs with employees who use a company car - the logbook not only serves to document the distances driven, but also brings tax advantages .
While it is not compulsory to keep a logbook, the tax china rcs data office or another authority may require it in certain cases. In addition, a properly kept logbook helps to avoid the so-called 1% rule and to clearly demonstrate the proportion of private and business trips. Therefore, a logbook can be worthwhile for you even if it is not mandatory.
A woman is driving a car.
This article shows what you absolutely need to consider when keeping a logbook and offers an informative overview of the most popular tools for digital logbook keeping.
Whether a logbook or the 1% rule makes more sense What is the 1 percent rule for company cars?
The 1 percent rule is a flat-rate taxation method for company cars that the tax office offers to easily calculate the monetary benefit of a privately used company car. One percent of the domestic gross list price of your vehicle is taxed monthly as a private use benefit. This applies regardless of how often you actually use the car privately or professionally.