The newspaper notes that the act introducing the Polish Order changes the rules of using company cars. The entrepreneur will be able to sell the car without tax and health insurance premiums only six years after the vehicle is withdrawn from business activity.
Today, it is common practice to lease a vehicle for several years, at the end of the contract period, to carry out the so-called private buyout, and then sale of the car without tax burden after a minimum of 6 months.
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Thanks to this – as he points out “PB“- the entire investment in a car is very useful – the costs of monthly leasing installments, own payment, insurance or services can be included by the entrepreneur as tax deductible costs and additionally deducted, for example, half of the VAT (mixed use). Finally, the car can be sold as private, and so no tax burden.
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This includes These provisions made leasing by far the most popular form of car financing. In the first three quarters of 2021, leasing companies financed the purchase of passenger cars for the amount of over PLN 25 billion. In Poland, about 75 percent. new cars are bought “by company”, and over half of them are financed by leasing. Long-term rental has also been developing intensively on our market for several years, but its scale is still much smaller than that of leasing.
The Polish Order may, however, change this. – Already in 2022, the proportions will start to change. I expect a visible impact of the Polish Deal in market statistics from 2023. I assume that within three years from today, car subscriptions will become a more popular form of financing new cars than leasing in Poland, assesses Michał Knitter, vice president of Carsmile in “PB”.
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As we read, the simulation shows that the cost of a three-year leasing combined with the sale of the car under the new rules (Polish Deal) will be on average by about 20 percent. more expensive than the rental cost.
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