Tuesday May 24, 2022

VAT deduction is cheaper for your car, but it is light

From April, entrepreneurs can buy any vz without taxes on pidan value. Is it reasonable to volunteer to pay this tax because of this? Someone will pay me. Most of the small business but not.

People who need a car to do business can rejoice from the first of April. That is, if the Sentoi quickly approved the amendment to the Value Added Tax (VAT), and if the President of the Republic can sign it. But one thing is certain: even if the new standard, making life easier for entrepreneurs, starts to apply a little later, its meaning does not change it.

After years of unreasonably restricted horses, anyone who uses their livestock and is a VAT payer will be able to deduct this tax from the price of the car and does not need to favor the ugly flour that makes artificial cars expensive. There was only one sentence for that. The end just turns out that it is not possible to leave cars, the so-called category M1. Therefore, two recipients had to have the deduction made from the personal sample N1. This is not a suitable entrepreneur, you have the opportunity to deduct the tax year when you need a car for work, as well as when buying any other goods, to Deloitte audit consultant Tom Brandejs.

Only for pltce dan

So who can buy me a car without taxes? As already mentioned, in the first place he must be an entrepreneur. Secondly, it must be a VAT payer. These are all companies with an annual turnover of less than a million crowns, which must apply to pay the tax; voluntarily, I am happy to sign up for everyone, even men. Only those who will use only and exclusively for business can pay for the full 19 percent VAT. If you drive a hundred kilometers privately, you have to turn them off according to the law. In addition, you are obliged to enter a logbook, which can be checked financially at any time.

Who does it pay to buy a new account to buy a car?

Of course, entrepreneurs and companies who now pay VAT and need company cars. Now you can buy two weeks or sedans instead of cars in any city. He just has to prove that he is really used for business.

And what does it look like in practice when you want to buy a car without taxes? Ask him to check the suitability of your insurance policy 19 percent cheaper, but if you buy cash, you have to pay the same amount as any other customer. The dispute manifests itself and in the quarterly printing, when the tax, ie 19% of the price, is drilled.

Vhoda pro mal auta

The best fit is the new rules for small cars the size of the Fabia and with a price of around 200 and 300 thousand crowns. For them, the construction at the expense of N1 has not yet paid off much of the deduction of 19 percent of VAT out of 200 thousand, because it represents 38 thousand crowns, but the construction itself cost from 15 to 30 thousand crowns, which sharply wiped out the accident. The dispute will be clear and tempting.

Does it make sense for even a small business owner and sole proprietors, who have not yet been VAT payers and have signed up for it just because of the car, to succumb to this seduction? We spent two typical treasures of people who have incomes up to one million crowns of the chest and etn, who buy a car for leasing and for cash. The result? Only in one case will you be paid to pay VAT, but not a bag.

Problematic book jzd

If you use a vehicle that you have bought without value added tax for private non-business trips, you must report it in the driving book and return the pension in some way. Pin? That’s not clear. You should reduce the proportion of the amount of unpaid VAT that falls on your off-road driving. Example: you have a total of fifteen hundred days, ie three years, and you drove for a hundred days privately. Theoretically, you have to pay a fortune of 19 percent VAT, explains Tom Brandejs from Deloitte.

So what’s the problem? Especially in that the tax return you have to take a quarterly car for a while, as will be the whole ratio of business and private trips. The problem exists and for five years the Ministry of Finance has not been able to read how to deal with Brandejs.

ednci vak nic eit nechtj. The extent of the use of the car must be determined by the tax authorities, said Peter Chrenko, Minister of Finance.

And how is the practice? You can travel and separate miles, which is extremely laborious. Or set the expected ratio of business and private trips and, according to it, return the appropriate tax within the set deadlines, and at the end of the year you will confront the reality and subsidize. Then you have to defend your procedure before the financial team, according to specialist Vladimir Zdrail.

Does it come in vs control?

Because the first procedure is not specified anywhere, do not check the financial data of the supplemented tax often. This does not mean, however, that they cannot verify the actual correctness of keeping a logbook, ie whether the operator does not falsify it and does not record private mileage as a business.

According to tax advisors, it will finance it. Urit are checks often in the countryside and in small towns not in Prague, where the entrepreneur is much more. And depending on what I know, anonymous data often also play a role, and I would not underestimate the risk of certainty checks, according to tax advisors Martina Smolkov from Vorlkov & Leitner. Tom Brandejs also agrees. I already learned that the financial editors called the companies that were listed in the book as a road trip, and asked if the entrepreneur was really there, what he was doing there and how he drove.

If the discrepancies are actually made, you have to pay a non-business tax. In the worst case, it could be found that the car is used only for private trips, and therefore that the right to deduct VAT did not arise at all. You would then have to drill it and pay to go penle, to Tom Brandejs. This is the answer to the frequent question, if the entrepreneur will buy me a car for your wife and give it to him.

How will it be dl?

In the described problem, you will probably be able to avoid two months and start the car for business and after the first June of this year. This should apply to the new law, which may have canceled the book of travel. At the moment, the deputies in Snmovn are discussing in the second the amendment to the income tax, in which the Ministry of Industry and Trade will propose a proposal to repeal the pedkld. Instead of keeping the records of business trips, the entrepreneur will be able to calculate a flat deduction of 5,000 K msn for one company car. They will be able to apply the deduction to a maximum of three company cars, according to the Ministry’s Maty Vitk.

In our case, ie when the car is only used for business and work in private, half of 80 percent of the changed five thousand crowns should appear in the costs. However, he should only be able to do this for one car, he had to serve exclusively for business. This provision may serve in particular that the entrepreneur does not buy the cars of whole families and does not put their operation into flat loads.

I am not fully sure that this will affect the VAT deduction. Dao’s advisers are not united. It should not apply to VAT at all, because the value added tax code, which is a completely different final standard, thinks tax advisor Radko Doleal. On the contrary, consultant Alena Foukalov believes the exact opposite. Driving records for VAT will not be required. The fact that the entrepreneur rides on business will be, in particular, that he will deduct a paul of five thousand crowns, me.

Is it worth paying a voluntary VAT payer to buy a car?

Truhl: ron pjmy 952 000 korun, vdaje 800 000 korun

Auto leasing
Kia ceed 1.4 CVVT Base, price 290,000 K; for leasing with zero down payment and a payment of CZK 7,500 msn (incl. ruen and hav. pojitn). For VAT payers, the lease payment is the same as for non-payers, giving 17,100 K a borehole for quarterly printing. You will receive it as the car operator who pays the lease, even though the car owner is and paid to the leasing company.

Ron leasing costs: 90,000 K
VAT payable: 180 880 K
For DPH mu stt garden: 169 100 K

Car for cash
Kia ceed 1.4 CVVT Base, price 290,000 K. For VAT payers, the price of the vehicle is the same as for non-payers, giving 55,100 K boreholes during quarterly printing.

Car price: 290 000 K
VAT payable: 180 880 K
For DPH mu stt garden: 207 100 K

etn: ron pjmy 952 000 K, vdaje 231 000 K

Auto leasing
Kia ceed 1.4 CVVT Base, price 290,000 K; for leasing with zero down payment and a payment of CZK 7,500 msn (including compulsory insurance and accident insurance). For VAT payers, the lease payment is the same as for non-payers, giving 17,100 K a borehole for quarterly printing. You will receive it as the car operator who pays the lease, even though the car owner is and paid to the leasing company.

Ron leasing costs: 90,000 K
VAT payable: 180 880 K
For DPH j stt garden: 60 990 K

Car for cash
Kia ceed 1.4 CVVT Base, price 290,000 K. For VAT payers, the price of the vehicle is the same as for non-payers, giving 55,100 K a hole for quarterly printing.

Car price: 290 000 K
VAT payable: 180 880 K
For DPH j stt garden: 98 990 K

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