Every year, new rules that car owners should keep track of. For 2018, the number of new rules is more than a long time ago, and in addition, the rules make greater impact on the car economy. The biggest change concerns the bonus malus system introduced on July 1. This new regulation makes it much more expensive to buy fuel-thirsty cars, while cars with low carbon emissions become cheaper.
July 1 this year is a very important date for anyone planning to buy a new car during the year. After that date, the tax will be significantly higher for new cars that emit more than 95 grams of carbon dioxide per kilometer (malus). That date also marks the start of paying bonus money for those who buy new cars with low or non-existent carbon dioxide emissions (bonus).
It is very important to note that the new rules
Only apply to those who buy a brand new car after the system has entered into force. Therefore, anyone who buys a new car on June 30 need not worry about the new rules at all. However, if the plan is to buy a very environmentally friendly car, it is wise to wait until the next day!
The Malus part of the system is about fuel-thirsty cars getting a higher vehicle tax during the first three years. It is on carbon dioxide emissions that the tax is calculated. The limit for when you have to pay extra tax goes at 95 grams per kilometer.
- Emissions of 95 – 140 grams = USD 82 per gram
- Emissions of 141+ grams = USD 107 per gram
Example: For a new car with emissions of 150 grams of carbon dioxide per kilometer, the tax will be USD 82 per gram between 95-140 grams and USD 107 per gram between 141-150 grams.
The bonus part provides significantly lower costs for the car buyer who chooses a car with low emissions. There are two boundaries to keep track of. For cars that have zero emissions (basically only electric cars), the state will pay a bonus of USD 60,000. For cars that emit 60 grams of carbon dioxide or less per kilometer, the bonus is instead USD 10,000.
More expensive to have a company car
For those who have a service car, the costs will increase, because some ordinary fees and taxes are no longer included in the car benefit value. For example, it is about congestion tax and bridge fees.
In addition, as of January 1, commuting to and from work is now counted as private travel. This can mean large extra costs for those who use the service car for daily commuting.
Index count for fuel
In addition to the above new rules, it is good to know that gasoline and diesel will probably be more expensive throughout 2018 compared to 2017. This is because fuel taxes since 2015 are automatically calculated at each year-end. The list corresponds to inflation plus two percentage points.
Calculated in USD and the island, the tax per liter of gasoline is 30 öre higher than in 2017. The tax on diesel has been increased by 27 öre per liter.