Since 2011, the VAT deduction on business assets that are used both professionally and privately has been regulated differently. For a company car, a VAT payer can determine the professional use according to three methods. On January 14, 2021, the Minister of Finance had already made some relaxations to the application modalities of those VAT deduction methods. These will be extended by Circular 2022/C/31 for calendar year 2021.
Source: alaska-group.eu
