Tax Expert Warns of DPH Deduction Errors That Could Cost Companies Full Car Write-offs

A tax expert has identified significant flaws in Slovakia's new system for deducting DPH (value-added tax) on company vehicles, warning that a single mistake could result in businesses losing their entire 100-percent tax deduction. The new DPH deduction system for service cars contains loopholes that could prove costly for companies attempting to claim tax benefits on vehicle purchases. The warning comes as businesses navigate updated tax regulations that govern how much VAT they can recover on company car expenses, with experts highlighting potential pitfalls in the implementation of the new rules.