To get a VAT refund on fuel for a company car, it is worth buying a GPS (VIDEO)

From April 1, entrepreneurs can deduct VAT from the cost of purchasing and operating cars if they keep detailed records of the use of these cars. It's a tedious job, but by using modern technology, you can save a lot of time.

The entrepreneur can collect all GST added to the price of the car and its operating costs, including fuel, if it meets the strict requirements. Each car from which the entrepreneur intends to deduct all VAT will have to be reported to the tax office. In addition, the taxpayer will be required to keep a detailed record of the mileage for each such vehicle, indicating, in particular, who, when, where and for what purpose (of course business) was driving the car.

See also: VAT deduction for cars in the company - new rules from April 1, 2014

Penalties for breaking the rules are draconian - up to seven hundred and twenty tons. daily rates are even up to more than sixteen million zł.

However, devices and programs have appeared on the market that use the GPS system to track routes and vehicle mileage. More on this topic in the material TVN Turbo:

Source: TVN Turbo / x-news