- From January 1, 2026, VAT deduction for company passenger cars used also for private purposes will be limited to 50%.
- The restriction applies to vehicles in categories M1 (passenger cars), L1e (light two-wheelers), and L3e (motorcycles), as well as related goods and services (e.g., spare parts, fuel, maintenance, rental except short-term).
- The new rule removes the obligation to keep detailed records of business vs. private use for these vehicles.
- The limitation does not apply to commercial vehicles (e.g., trucks, vans, trailers) or vehicles costing up to 1,700 euros.
- Selected foods are removed from the reduced VAT rate and will be taxed at the standard 23% rate.
Source: danovecentrum.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 Softens 2027 E-Invoicing Launch with Three-Month Penalty Waiver
- Slovakia Plans to Remove Invoice Reporting Requirements Until July 2030
- Slovakia Launches Consultation on ViDA VAT Implementation Bill
- Financial Administration Launches Preventive E-Kasa Compliance Checks in High-Risk Sectors
- Consultation on ViDA and Distance Sales of Imported Goods
