Deduct your parking costs

Your parking costs as a self-employed person are tax-deductible. Just as with the purchase or leasing of a company car, the deductibility of parking and parking costs depends on the CO2 emissions of your company car.

🆕 The rules for the deductibility of a company car have recently changed.

If you bought your car before 1 July 2023, the general deductibility for car expenses is as follows:

120% – (0.5 x coefficient x grams/km of CO2)

The coefficient is 0.9 for natural gas, 0.95 for petrol and 1 for diesel.

If you bought or started leasing your company car between 1 July 2023 and 31 December 2025, the formula above still applies. The big difference the purchase date makes is that the tax deductibility decreases considerably over the years. You can read all about it in this article.

Buying or leasing a company car this year (2026)? Then fixed maximum deduction rates apply: electric cars are 100% deductible (still until 2027), plug-in hybrids between 75% and 100% (depending on CO₂ emissions) and light commercial vehicles 100%. Cars running on petrol, diesel or LPG are no longer tax-deductible. Read all about it in our article on car expenses.

Tax deductibility of parking costs

Parking and parking costs therefore enjoy the same rate of deductibility as your company car and other car expenses.

An example:

Early this year (2026) you bought a plug-in hybrid with a tax deductibility of 80% (depending on CO₂ emissions). You use this company car 100% for professional purposes. Your parking costs can then also be deducted at 80%, just like your car.

⚠️ Note that the purchase of a company car is depreciated. This means you deduct a percentage of the total purchase amount every year. Did you buy a fossil-fuel or hybrid car between 1 July 2023 and 31 December 2025? Then the maximum deductibility is limited to 50% this year (2026), 25% in 2027, and from 2028 no deduction is possible any more.

💡You can find more information about this decreasing deductibility here.

100% deductible parking costs

If you reserve a special parking space for suppliers and clients, you can deduct it at 100%.

Likewise, if you reserve a parking space for your staff, you can deduct this parking cost at 100%, provided the car belongs to the staff member. If your staff member has a company car, you deduct the cost based on the car’s CO2 emissions.

💡Did you know that a parking fine is 100% deductible? A parking fine is actually a retribution (fee), not a real fine.

VAT on parking costs

But what exactly about VAT on parking? Depending on where you park, the VAT rules for parking costs differ.

If you park on public property in Belgium, you pay no VAT on the parking costs, because the parking cost is a kind of tax levied by the city or municipality where you park. Antwerp is an exception: there you do pay VAT on your parking ticket.

If you park privately, for example in an underground car park run by a private company, you also pay 21% on your parking ticket.

So, is the VAT on parking costs tax-deductible? If you park on private property (e.g. in an underground car park) and VAT is charged on your parking ticket, then yes.