The treatment of VAT on vehicles, whether on the purchase or on the mechanic's invoices, is quite delicate. Whether we are self-employed or companies, the Treasury is very strict when we talk about vehicles, except when they are professional vehicles such as vans, mixed vehicles or others. When we talk about ordinary vehicles we have to be careful not to have problems.
If our accounts are healthy and we can afford it, the best option is renting, since we can deduct the full amount as an expense, in addition to 100% of the VAT.
Rental comparison
Otherwise, we have to take into account several things in order to be able to deduct what the Law allows us without having problems with the Treasury.
In many cases, we believe that just because we have company or commercial brand vinyls on the vehicle we will not have problems, but it is not enough for the Treasury, so forget about using this argument.
vat-vehicles
For the Treasury, any ordinary vehicle that can be used in personal life is not a 100% professional vehicle, which is why it allows us to:
Purchase of the vehicle
If we can argue the use of the south korea number data vehicle in our activity (we must take into account the IAE in which we are registered):
It allows us to deduct 50% of the VAT quota.Low tolerance for poor performance
Project pace depends almost entirely on the team's ability to maintain it. This means that leaders who set the pace have little patience for poor performance. They tend to address problems directly and quickly to maintain a high level.
Despite its many advantages, pace-setting leadership is not suitable for all situations. Here's a primer on when to use this leadership style. But first, if you've never been a leader, here are some tips on how to gain leadership experience .
When to use staged leadership
In his book, Goleman writes that pace-setting leadership often has a very negative impact on company climate because it is too often poorly executed. This shows that pace-setting leadership only works in the right circumstances and environments.
We can amortize the annual fee over the useful life of the vehicle through depreciation.
Vehicle maintenance
In the case of mechanic's invoices:
It allows us to deduct 50% of the VAT quota.
100% of the taxable base of the invoice as an expense.
Associated costs (gasoline, tolls, etc.)
As long as we have the invoice, we can deduct 100% of the VAT if we can prove that the trip was for professional reasons.
Remember that, as in any relationship with the Treasury, the regulations are often open to interpretation and the important thing is to always keep receipts and documentation of everything that proves that our story is true.