- From January 1, 2026, stricter rules apply to VAT deduction on company vehicles in Slovakia, especially distinguishing between business and private use.
- If a company car is used for both business and private purposes, only 50% VAT deduction is allowed from January 1, 2026, to June 30, 2028 (with possible extension).
- The new rules introduce additional administrative requirements and may impact company cash flow.
- There are uncertainties about practical implementation, especially regarding electric, hybrid, and leased vehicles.
- Full 100% VAT deduction is only possible if the vehicle is used exclusively for business purposes.
Source: podnikajte.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 Proposes VAT Threshold Hike to €85,000 Effective July 2026, Awaits Parliament Approval
- Parliament Considers Bills on VAT Registration Threshold Increases and Domestic Reverse Charge Extension
- 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
