Company car vs own vehicle: a Portuguese simulation

— Portuguese Tax Specialist (AT)

Published: 4/3/2026 • Last reviewed: 4/28/2026 • 6 min read

When does a company car pay off in Portugal? Simulation including autonomous taxation.

Summary

For 1,500 km/month, Portuguese mileage reimbursement at €0.40/km costs the company ~€3,000/year less than a company car, factoring in IRC autonomous taxation.[^at-irs] Company cars only pay off in specific roles.

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