- From January 1, 2026, full VAT deduction (100%) for passenger vehicles is only allowed if used exclusively for business and detailed electronic records are kept.
- If a vehicle is used for both business and private purposes, only a 50% VAT deduction is allowed, including for fuel, spare parts, and servicing.
- Notification to the tax office on a prescribed form is required for new vehicles used exclusively for business from January 1, 2026.
- Exceptions to the record-keeping requirement apply for certain business uses (e.g., rental, taxi, driving schools, demonstration, or replacement vehicles).
- No notification is required for vehicles acquired before January 1, 2026.
Source: financnasprava.sk
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.
Latest Posts in "Slovakia"
- Slovakia’s VAT Act
- Financial Administration Continues E-Invoicing Training, Hosts Webinar for Public Sector Institutions
- Slovakia Mandates Real-Time E-Invoicing and E-Reporting for VAT Businesses from 2027
- Slovakia Updates Certified E-Invoicing Providers Ahead of Mandatory B2B E-Faktúra Launch in 2027
- VAT Deduction for Company Cars: 50% Flat Rate and Private Use Rules from 2026
