VATupdate

Share this post on

Can VAT be deducted from an electric car financed by NFOŚiGW? Is it possible?

  • The article discusses the possibility of deducting VAT from the purchase of an electric car financed by the National Fund for Environmental Protection and Water Management (NFOŚiGW).
  • The author asks if they can deduct VAT from the purchase of an electric car and if the fact that part of the price was paid with a grant affects the deduction.
  • The article explains that the financing from the “Mój elektryk” program does not affect the right to deduct VAT and that the full VAT can be deducted.
  • The “Mój elektryk” program allows for financing the purchase or leasing of new zero-emission vehicles powered by electricity.
  • The article clarifies that the fact that part of the purchase was financed by a grant does not affect the right to deduct VAT.
  • The article also mentions the general rule that allows for a 50% deduction of VAT for expenses related to the acquisition of a motor vehicle, but it does not apply to electric cars.

Source: ksiegowosc.infor.pl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news

Advertisements: