- From January 2026, 100% VAT deduction on personal vehicles is allowed only if all legal conditions are met, including exclusive business use, submitting a new notification form, and keeping electronic trip records in a processable format (e.g., MS Excel).
- The new notification form must be submitted by the tax return deadline for the period in which the deduction is claimed; this does not apply to vehicles acquired before January 1, 2026.
- If electronic trip records are not kept, only a 50% VAT deduction is allowed, without the need to submit the notification form; the same rule applies to fuel expenses.
- Commuting between home and work does not count as business use for VAT deduction purposes.
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.
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