New rules on leasing settlement
A draft of amendment to the tax regulations regarding leasing settlement is proceeded in Poland. One of the most important changes is introduction a new form of control of the way in which the car is used. In this regard, there are two possible options. First is using the car only for the business purposes. It will allow to apply the 100% deduction of expenses for car purchase and use. Second is declaration of using the car for both private and business purposes. It will allow to apply for 50% deduction of expenses for car purchase and use. Apart of the above it is also planned to introduce the limit of PLN 150,000 of settling off the abovementioned expenses.
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