A revolution in company car settlements from 2026. Financial leasing boom

From January 1, 2026, new tax limits for internal combustion company cars come into force. This increased the interest of entrepreneurs in financial leasing, which allows them to take advantage of the existing rules – writes in the Thursday edition of “Puls Biznesu”.

The article indicates that the new rules for settling expenses for company cars, coming into force at the beginning of 2026, increase the interest of entrepreneurs in financial leasing, which has so far been rarely used to finance company fleets.

As it was written, “at the beginning of next year, the limit determining the maximum price of a vehicle enabling full settlement of depreciation deductions, as well as expenses related to the leasing or rental of combustion cars in tax deductible costs will change.” “It is estimated that the changes will affect 93% of the new car market,” it was added.

Also returned were, among others: note that a new feature is that deductions depend on CO2 emissions. “Only for vehicles emitting less than 50g of CO2/km, the current limit (PLN 150,000) will be maintained. For other cars emitting exhaust gases, it will be reduced to PLN 100,000, i.e. by as much as one third. In the case of electric vehicles, the current limit of PLN 225,000 will be maintained.” – we read.

It was also pointed out that “in the case of the very popular operational leasing, the car is not entered into the company's fixed assets register (the owner is the lessor)which occurs in the case of financial leasing, credit or cash purchase.” “Consequently, the rules of tax deductions are different for cars whose purchase was financed by operational and financial leasing,” it added.

“The buyer of a car using operational leasing will deduct from the costs of obtaining income: own payment, installments in the capital and interest part and purchase. In the case of financial leasing, he will be able to make depreciation deductions and deduct interest on monthly installments,” explains Piotr Juszczyk, chief tax advisor of InFakt, in an interview with the newspaper. As he noted, the condition is to conclude a car purchase agreement by the end of 2025.

“In operational leasing, the entrepreneur can deduct VAT from his own payment, monthly installments and purchase, which are documented with invoices. However, there is no one-off VAT payment in advance for the entire vehicle leasing period,” we read in the article. (PAP)

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