If a company car is also used for private purposes, a VAT correction for this private use must be reported in the final VAT return of the book year. For VAT purposes (and unlike some other taxes), commuting is also considered private use.
In recent years, several important developments have taken place in the area of the VAT correction for the private use of a company car. It is therefore important to monitor how the VAT correction should be calculated. More information can be found in the attached flyer.
Source: bakertilly.nl
