Car leasing for the company. What will change?

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The new regulations will change the situation of companies taking cars. Will the changes be beneficial for entrepreneurs? Who will benefit and who will lose?

Enables you to buy more expensive cars and settle all expenses in costs. And if we add to this the fact that obtaining it is easier than obtaining credit and is associated with less complex formalities, the high popularity of auto leasing among entrepreneurs should not surprise anyone. There are also many indications that the interest in this form of financing will grow even more in the near future. All thanks to the announced legal changes, which are to make the leasing of a company car even more profitable.

What will the new law change?

The most important of the changes that the Ministry of Finance is working on is the increase of the car's value limit, the depreciation of which will be included in the tax deductible costs. Currently, it amounts to EUR 20,000, and in the nearest future it will almost double and reach the level of PLN 150,000. Apart from that, the resort will also eliminate the kilometre, which was a particularly difficult task for small companies when it comes to accounting.

Not everyone will be happy

However, not all of the changes prepared by MF will be so profitable for entrepreneurs. The idea of introducing a depreciation limit of 150 thousand zlotys is controversial. This means that leasing costs will only be deductible for tax purposes if they do not exceed this amount. The situation will therefore change to the disadvantage, as entrepreneurs can now write off any amount, without any restrictions.

For company use only

For some companies it may also be a problem to introduce restrictions on mixed use of the leased car. Under the new rules, if the car is used for both business and private purposes, the entrepreneur will not be able to deduct all costs. In this case, only the option to deduct 50 per cent of the costs will remain. Will leasing a car in a company still pay off after the change of regulations? In many cases - as much as possible.