When you deduct 50%, when 100%, when records and VAT-26 are needed. A practical guide.
A passenger car in business has special VAT deduction rules. Default — 50%, but exceptions apply.
By default deduct 50% VAT on purchase, lease, fuel, service of passenger cars. Includes pickups up to 3.5 t with passenger homologation.
Full deduction only if: 1) car business-only, 2) mileage log kept, 3) VAT-26 filed within 25 days of first expense, 4) usage rules exclude private use.
Trucks (N1 homologation), vans over 3.5 t and pickups with second row may get 100% deduction without log — subject to construction documentation.
50% vs 100% choice needs analysis. Danexis runs numbers and prepares paperwork.