Activities what it is stages types

a company car may be settled at the following rates: 50% tax deduction - if the car is used for professional and private purposes. 100% full tax deduction - if the car is used exclusively for company purposes. When choosing the latter option, the entrepreneur must meet additional conditions: register a company car at the tax.

Office on form VAT-26, create regulations for the use of a car in the company, keep detailed records of vehicle mileage. Failure to complete all formalities related to car phone number list settlement may result in exposure to a fine from the Tax Office. Keeping vehicle mileage records - is it necessary? If an employee uses a private car for company use, he or she may apply for reimbursement.



Operating costs , which are calculated on the basis of mileag the rate per 1 km of mileage. The vehicle mileage records should also include information about the routes taken in order to be able to later deduct operating expenses (20%) and VAT . As previously mentioned, an entrepreneur is subject to a fixed limit on expenses related to the operation.