The application of adequate leasing terms can enable recognising car leasing expenses as tax-deductible above the statutory limit.
Since 1 January 2019, the provisions of the CIT Act have allowed recognising car leasing payments (for passenger cars only) as tax-deductible costs only up to the maximum amount corresponding to the vehicle value of PLN 150,000.00. However, a separate limit is used for the option to purchase and further depreciation. With the right leasing instalments and the price for the lease option, it turns out that it is possible to recognise expenses as tax-deductible above the statutory limit.
Read the whole article by tax advisor Andrzej Jagiełło on the Rzeczpospolita’s website at https://kancelarierp.pl/rozliczenie-w-kosztach-podatkowych-oplaty-z-tytulu-leasingu-samochodu-osobowego-bez-limitu/