How to recover VAT when buying a car

VAT refund when purchasing a car

The content of the article

If a legal entity has purchased a vehicle, then tax legislation provides for VAT refund when purchasing a vehicle.

Value added tax refund procedure

To recover the tax paid, a legal entity must go through several stages.

Drawing up a VAT return

First, decide on the total amount of tax payments to be refunded. For this purpose, the tax on product sales for the corresponding period is calculated, plus the tax that must be paid when purchasing goods, performing work or providing services.

Important! If, when preparing a declaration, the total amount of tax paid turns out to be greater, then the tax can be refunded.

To receive a tax refund, you must submit a VAT return by the 20th day of the month following the reporting quarter.

To confirm the reimbursement of VAT from the budget, tax authorities conduct a desk audit of the submitted declaration. During an inspection at a legal entity in accordance with Art. 172 of the Tax Code of the Russian Federation, documents may be required confirming the legality of the use of tax deductions.

To speed up the process, it is better to prepare and submit these documents yourself. Upon completion of the inspection, a report is drawn up in the form approved by the Federal Tax Service.

Making a decision on VAT refunds

If no violations were found during the inspection, then after its completion the Federal Tax Service has 7 days to make a decision on the reimbursement of the appropriate amounts.

Direct VAT refund

After the taxpayer submits an application, if he has not recorded arrears on any other taxes or arrears on fines and penalties, then the amount of VAT within the limits of its reimbursement is returned to the taxpayer to the bank account specified by him. At the request of a legal entity, this money can be used to pay future taxes or fees established by the Tax Code of the Russian Federation. This decision is made by the Federal Tax Service along with the decision on full or partial VAT refund.

VAT refund for purchased car

If the tax authority decides to refund the VAT, then the next day a written order is sent to the Federal Treasury authority for territorial subordination.

The Treasury, within five days after receiving the order, returns the VAT amounts and notifies the Federal Tax Service about this.

After this, Federal Tax Service employees are required to inform the taxpayer in writing within five days about the decision made on a full or partial refund or credit of VAT. If a refund is refused, the Federal Tax Service sends a reasoned decision, which can be appealed by the taxpayer in court. This message is received by the head of the legal entity or his representative by mail or against signature.

Nuances when refunding VAT after purchasing a car

To receive a refund of the paid tax, a legal entity must submit a complete package of documents without violating the deadlines specified in the law.

Important! All invoices and source documents must be completed correctly, and the company must not have any underpaid taxes. Otherwise, the refund amount will be used to pay off tax debt.

Qualified lawyers specializing in tax legal relations will help you correctly understand all the issues of VAT refund for a purchased car. They will prepare the necessary documents and do everything necessary to receive the money due to the legal entity.

ATTENTION! Due to recent changes in legislation, the information in this article may be out of date! Our lawyer will advise you free of charge - write in the form below.

VAT refund procedure when purchasing a car

The question of a VAT refund when purchasing a car arises if, based on the results of the period, the amount of the value added tax deduction is greater than the amount of the fee contributed to the budget for the period of taxable transactions.

Individual entrepreneurs and organizations that operate on OSNO can apply for a VAT deduction; they must pay a fee on the sale of taxable transactions and submit declarations.
This indirect fee is often confused with personal income tax. The income payment deduction is mainly used to reimburse part of the price of the purchased property and interest on the transaction.

VAT is an indirect tax paid by buyers of products. To calculate the cost of the tax, the size of the tax base is first calculated and the rate is determined, which can be 0, 10 or 20%. The tariff must be indicated on the invoice.

Grounds for tax refund for individuals

A popular question is whether it is possible to refund part of the VAT on the purchase of a car or other vehicle. If real estate is purchased, coverage of 13% of the housing price is possible. However, there is a condition - a refund is possible only for the payer who contributes taxes to the budget from his income.

There are conditions that you need to familiarize yourself with before returning the deduction:

Property was purchased or built in Russia.
Loan for the purchase of target real estate.
The loan was taken out from financial institutions of the Russian Federation.

In Russia, when purchasing a vehicle, there is no personal income tax refund. The deduction is applicable only when selling a vehicle; it makes it possible not to pay a fee upon sale.

Conditions and reimbursement schemes

The conditions for reimbursement for purchasing a car in Russia apply only to organizations and individual entrepreneurs that are recognized as taxpayers. In this case, the property must be accepted on the company’s balance sheet as a fixed asset. The main condition for processing part of the paid value added tax is that the vehicle must be used to carry out the work of the entrepreneur.

In this case, there must be the necessary documents for transport, registration with the State Road Safety Inspectorate, and property insurance.
Competent preparation of the invoice is important - all fields must be filled out correctly. At the time of sending documents to return part of the amount, there should be no debts or fines for payment of other obligations.

When buying a car on lease

According to existing rules, buying a car or receiving a vehicle as a result of a finance lease has nuances.
Transport received in this way must belong to the depreciation group of the party that has it on its balance sheet. requires a transport assessment.

When purchasing a vehicle on lease, the owner of the vehicle will be the institution that sold the vehicle. It searches for a vehicle and then leases it to a person under pre-agreed conditions.

Due to the fact that, by law, leasing company operations are subject to deductions, it is possible to apply for a deduction. To avoid inconsistencies during its execution, it is necessary to retain evidentiary documentation.

When buying a car on credit

Under current laws, individuals who purchased a car cannot receive a tax refund. This rule applies both when purchasing a vehicle with your own money and on credit. It does not matter where exactly the car was purchased - in a specialized store or second hand. Receiving a tax refund is possible only when selling a vehicle if the cost exceeds a quarter of a million.

Refund of indirect deductions is possible only at the end of the tax period for legal entities that have the obligation to transfer VAT to the budget of the Russian Federation. You can return part of the deductions if the property was purchased with your own funds, using a loan or leasing.

Receiving a refund is possible only if several conditions are met - the funds must be used for business, which must be confirmed. All vehicle documents must be correctly drawn up.

VAT refund when purchasing a car for pensioners

VAT reimbursement for the purchase of an apartment or other real estate, as well as vehicles, is not provided for by the legislation of the Russian Federation. You can return the personal income tax deduction only when purchasing real estate, when you previously paid interest on the mortgage.

It is also possible to receive a social deduction for paying tuition fees, etc. It is impossible to return personal income tax on the purchase of a vehicle; the deduction is provided only when the vehicle is transferred under a purchase and sale transaction.

Step-by-step instructions: how to make a return

If an organization that pays VAT has purchased a vehicle, according to tax legislation, a refund of the fee is possible if all rules and requirements are met.

You must first determine the amount of contributions that are subject to reimbursement.
The received data is displayed in the declaration, which is submitted to the fiscal authority. To determine the need and possibility of reimbursement of the value added payment, a thorough examination of the declaration is carried out. During the analysis process, additional information may be requested to confirm the legality of the application of deductions.

If no violations were found during the analysis, the amounts will be refunded after its completion. Otherwise, clarifications and explanations may be requested from the taxpayer.

After the payer has submitted the application, he should not have any arrears on accrued sanctions and interest for non-payment. Then the compensation amount is transferred to a bank account. Funds can also be used to close tax payments in future periods.

In order to return the VAT payment made, the company or entrepreneur is required to send all the required documents within the established time frame. All papers must contain complete information, all taxes must be paid, otherwise the refund amount will be used to pay off debts.

Is it possible to get a VAT refund when buying a car? Tax Refund Options

Almost all property transactions are subject to tax. This rule also applies to the purchase and sale of vehicles. When purchasing a car, the buyer also pays VAT, which is included in the price. In fact, there are additional financial costs that the buyer seeks to compensate.

Dear readers! Our articles talk about typical ways to resolve legal issues, but each case is unique.

If you want to find out how to solve your particular problem, just call, it’s fast and free!

What is the tax when purchasing a vehicle?

Tax rates are specified in Article 164 of the Tax Code of the Russian Federation . The sizes are determined for all types of transactions. For individual contracts not included in the lists, the rules of paragraph 3 of this article are applicable. This also applies to cars. For them, VAT is 20% of the contract price.

Is it possible to return the deduction when buying a car - conditions for receiving it

Tax legislation provides for deductions for certain types of expenses. Such a list is specified in Article 220 of the Tax Code of the Russian Federation. It includes:

acquisition or construction of housing;
getting an education;
provision of medical services;
charity.

The amount of property deduction in such cases is equal to 13% of personal income tax of total expenses. As you can see, the purchase of a vehicle is not included in this list. However, there are several ways to return some of the money spent. However, there are a number of differences for individuals and legal entities.

For individuals

For this category, the law does not provide for the possibility of refunding VAT when purchasing a vehicle. It does not matter how the purchase was made - in cash or on credit. also does not matter where the vehicle was purchased - from a dealer or another individual.

For legal entities

The company may recover such costs at the end of the tax period. It will be possible to compensate for VAT if the vehicle was purchased:

by cash;
within the framework of a loan agreement;
on leasing.

The place where the vehicle was purchased does not matter. This could be a showroom or aftermarket item. It will be possible to initiate the procedure only if the vehicle is used for business activities. In this case, you will need to confirm this fact with documentation.

The conditions for tax compensation for legal entities are:

the property must be placed on the organization’s balance sheet as a fixed asset;
the intended purpose of the vehicle is to carry out business activities;
all documents for the car must be completed;
at the time of initiation of the procedure, the company should not have any debts on mandatory payments - fines, taxes.

Step-by-step instructions on how to make a return

To compensate for VAT, you need to prepare a certain package of documents and contact the Federal Tax Service at the place of registration of the company as a tax payer.

Drawing up a declaration

The document consists of a title page, which contains information about the payer, and sections that include data on various areas of the payer’s activities.

The payer is responsible for the accuracy and completeness of the information. To avoid problems when preparing a declaration and to have legal grounds for claiming a VAT refund, you need to regularly and correctly keep records of invoices. Their presence is the basis for the legality of VAT calculation.

The tax return is a standard form that contains the necessary sections and wording. They cannot be adjusted. All data in the document is displayed in the form of numbers.

Submission of documents

The declaration is sent through the user’s personal account on the Federal Tax Service website. Documents confirming the validity of the application must be attached to the declaration. If you buy a car, these will be:

contract of sale;
vehicle acceptance certificate;
Receipt of payment.

The declaration must be submitted by April 30 of the year following the reporting year - the one in which the vehicle was purchased.

Desk verification of documentation

The submitted documentation is subject to detailed analysis by the Federal Tax Service . It is carried out within two months from the moment of application (Article 88 of the Tax Code of the Russian Federation). During the audit process, the tax authority may request additional information. All documents are sent electronically. If, as a result of the inspection, violations were revealed, the Federal Tax Service authority will be required to notify the applicant in writing or electronically within 10 days after the inspection.

Making a payment decision

The decision on VAT compensation is made by the Federal Tax Service within 7 days after the inspection (clause 2, article 176 of the Tax Code of the Russian Federation). The payer must be properly informed about the results of consideration of the application. The notification must be received by the interested party within 5 days from the end of the inspection.

Tax refund

Compensation for VAT is paid by the treasury authority. The basis for payment is the decision of the Federal Tax Service. The funds must be transferred to the payer’s account within 5 days from the moment the Treasury receives the specified decision with simultaneous notification of the Federal Tax Service (clause 8, article 176 of the Tax Code of the Russian Federation).

Pitfalls and workarounds

The main problem for the payer is the refusal to satisfy the claim. The reasons for this are:

incorrect filling out of the tax return (errors, blots, corrections);
presentation of false data.

To avoid problems, you must carefully fill out the declaration , as well as double-check all available documents that relate to the payment of VAT. If necessary, the information must be updated.

Features and Frequently Asked Questions

During the return procedure, payers may have various non-standard questions. As a rule, they are related to the condition of the vehicle itself, the procedure for its acquisition, as well as the operation of the vehicle.

VAT refund when purchasing a used car. The determining factor in this case is the status of the participant. That is, only a legal entity can count on compensation.
VAT refund if the vehicle was purchased on credit or lease . In this case, too, the status of the payer is a determining factor. Only a legal entity can count on this. The VAT refund procedure is uniform. IT does not depend on the method of purchasing the car. You will need to fill out a declaration, prepare supporting documents and contact the Federal Tax Service.
How to confirm the intended use of a vehicle? To do this, it is necessary to prepare documents confirming this fact. These can be waybills, vouchers, route sheets, business trip orders.
Can a foreign company return VAT? The legislation of the Russian Federation provides for this opportunity only for payers transferring funds to the budget. If a company makes such payments, it can expect compensation.

Only a legal entity can partially compensate for its expenses when purchasing a car. To do this, you will need to prepare the necessary documents, a tax return and contact the Federal Tax Service at the place of registration as a payer.

How to save 43% of the cost when buying a car

From this article you will learn how to buy a car 13% cheaper, save another 18% on VAT refunds and income taxes, without borrowing money or taking a large amount out of your working capital.

You are the owner of a company or an individual entrepreneur, and you have decided to purchase a car, having, for example, 4 million in revenue. If you are going to buy a car using your salary, then out of these 4 million you will have only 2,268,579 rubles to buy. Due to dividends - 2,359,322 rubles. And if at the company’s expense, then all 4 million rubles. At the same time, companies traditionally purchase vehicles on lease, when the initial payment of these 4 million can be 2 million or less (often without overpayment), and the remaining amount is left for the development of their business.

So, the period has come when a car has become extremely necessary, and you, as a financially literate consumer, have decided to think about the method of purchase. There are several options for purchasing a “four-wheeled friend”, which vary depending on the type of taxation provided for them. When weighing the pros and cons, you should carefully consider which of these options is right for you.

We tried to make the most of each option. Assuming that in each case the company has 4 million rubles of “free” revenue that you intend to spend on purchasing a car, we calculated how much money you will have left to purchase it after paying all taxes:

Let's take a closer look:

Let's consider all the options in more detail.

1. Salary car: Captain Obvious

Probably the most obvious option. In this case, you, as a business owner, can pay yourself a salary in the amount of the cost of the car you need. It seems that everything is simple - the manager decides to buy a car and buys it himself. The choice is obvious, but there are a few things to think about. The main issue is taxes.

We count: insurance contributions to the pension fund (22%) and the social insurance fund (2.9%), plus compulsory health insurance (5.1%) [To simplify the calculations (since the amount of salary payments may be different - as well as the cost of the purchased car) we do not take into account that for payments of more than 796,000 (to the Pension Fund) / 718,000 (to the Social Insurance Fund) rubles in 2016, reduced insurance premium rates are applied (according to Federal Law No. 212)]. Additionally, you must pay personal income tax equal to 13%. As a result, we have an overpayment of 43% of the cost of the required car.

Pros:

Obviousness
All profits are used to pay salaries, so there are no income taxes
We do not pay dividends, so there is no tax on dividends

Minuses:

Tax losses 43% of the cost of the car (insurance premiums, personal income tax, VAT)

Summary: It is difficult for us to say in which case this option is preferable. Probably, only if your accounting department is unwilling to deal with transactions, it is more difficult than paying wages (or dividends - see the second option of buying a car). But then why do we need such accounting?

2. Cars for dividends: a long road to losses

The second scenario is dividends. You pay yourself, as a participant or shareholder of the company, dividends from the net profit of the enterprise. Here you pay income tax (20%) and dividend tax (13%). As a result, as can be seen from the comparative table, the result has become slightly better compared to the option of charging yourself wages - the costs are “only” 41%.

It is also worth considering that in most cases, the organization’s charter specifies a certain frequency of dividend payments, most often once a quarter or once a year. Therefore, you will not always be able to immediately transfer to yourself the amount required to purchase a car - you will have to wait.

Pros:

You win 5% compared to the option of buying a car with your salary
No personal income tax, since personal income tax is not charged on dividends received by an individual
There are no insurance contributions because no salary is paid

Minuses:

Losses of 41% of the cost of the car
Funds for purchasing a car are available depending on the frequency of dividend payments

Summary: Well, this option looks a little better, but it's definitely not ideal. You lose money and have to wait until the end of the reporting period. Let's move on.

3. Car for a company: is it really so profitable and simple?

How much will a manager overpay if he registers a car for his company? Nothing! There are no taxes or any other contributions that he would be required to pay above the cost of the car.

Moreover, when using a car registered to a company, all costs for gasoline, oil, service, parking, etc. can be attributed to the company's expenses. By thus reducing the tax base, the company receives profit tax savings.

One more aspect. When purchasing a car for a company, VAT on the cost of the car can be offset - thus, the actual cost of the purchase will be equal to the price of the car minus VAT. This makes it possible to save an additional approximately 15% of the price of the car at which an individual would purchase it (at a VAT rate of 18%).

Pros:

No income tax
No insurance contributions for payroll
No personal income tax
Reducing the tax base by attributing to company expenses costs associated not only with the purchase, but also with the use of a car
Your lawyer will handle the preparation of the purchase and sale or leasing agreement, not you yourself

Minuses:

The owner of the car is not you, but the company. But you are the owner of the company, right? This means that the car is still yours and no one else’s.

Summary: No additional costs with minimal labor costs. You are purchasing a car of a higher class than with alternative purchase options. The ideal option, it seems to us.

It is quite possible that there are circumstances when, for some reason, it is more convenient to buy a car with a salary or dividends - but we will classify them as exceptional. And the most rational option is to buy a car for your company. It is worth recalling here that legal entities often prefer to purchase a car on lease - after all, this significantly reduces the financial burden on their business and makes the option of buying a car for the company even more profitable.

What advantages does car leasing provide for legal entities?

1. You purchase a car at a discount from the manufacturer. How it works? Leasing companies have partnerships with car manufacturers and receive discounts on cars, which they share with customers. As a result, the discount for buyers of popular car models can reach up to 13%, which is quite comparable to the discounts under the recently ended state program of preferential car leasing.

2. When purchasing a car on lease, there is no need to pay the entire cost. The client always has a choice - to make 50% as an advance (overpaying 2-4% in the end - less than the profitability of the business) or to make a minimum advance of 10%.

In Europlan, for certain brands, as part of joint promotions with the automaker, a 5% advance is available (Toyota and Lexus) and 0% advance on Skoda Octavia, and Mercedes (GLE or S) or Jaguar F-Pace - without overpayments.

As a result, you can afford any car with minimal initial investment. This eliminates problems with a lack of funds for large purchases and allows you to purchase expensive assets without withdrawing significant amounts of working capital.

3. You can discuss a more flexible payment schedule with the lessor: equal, decreasing or seasonal, if you agree in advance on the nature of the use of the car. There is the possibility of early repayment or transfer of debt to other companies.

4. Just as when purchasing for an organization, leasing payments are included in the cost of production, which allows you to reduce the tax base for income tax. Calculating depreciation due to the costs of maintaining and repairing a car is a good, and most importantly, legal way to reduce the tax burden.

5. When leasing, VAT paid to the lessor is subject to offset. This way you can reduce your costs by another 18%. Those. the cost of the car, in fact, becomes another 18% less.

6. You do not waste time and money on paperwork at the traffic police, insurance, or car servicing. Unlike buying a car for cash or on credit, the lessor offers the lessee additional services that help minimize the time and money spent on servicing the car: car registration, insurance, roadside assistance, maintenance, fuel program, thanks to which you will also save on gasoline.

Thanks to leasing, you buy a car at least 13% cheaper, then save another 18% on VAT refund, significantly save on income tax, do not borrow money and do not withdraw a large amount from working capital. You simply do business from the first days of the leasing agreement, you and your employees drive new reliable cars and your company operates without downtime. At the same time, you don’t even think about extending insurance or undergoing maintenance - the lessor can do all this for you, and most importantly, on time. All you have to do is make monthly payments.

Additional information on the Europlan website

The tax on dividends has long been 13%

just like that, you will believe that leasing companies do not screw in theirs. Twenty percent for services in payments + CASCO for the period of payments.

Corrected, recalculated. Thank you!

A major disadvantage when buying for a company is the combination of risks and property.

This is good if you have your own company, but if it’s your uncle’s, and after half a year you move to another. Either we part with the car, or we transfer it to ourselves, but for some reason there is no word about these costs.

And if it’s leasing, then somehow the additional leasing was never announced. And they are not small, they will force you to install a good alarm system, otherwise it will be a COMPLETELY different CASCO, and CASCO for such cars is invoice. For example, my Venzy starts at 200 thousand.

Yes, I would rather agree with Sergei Kuzminykh, a PR leasing company and nothing more.

Of course, leasing companies charge a fee for their services. Just like banks do when lending.

It's about your company.

It seems to me that not entirely correct conditions lead to not entirely correct conclusions. First of all, if there are 4 million rubles. “free” proceeds that are planned to be spent on purchasing a car, then what does leasing have to do with it, which is used when it is necessary to keep the proceeds in working capital. Purchasing a car from a tax point of view is always more profitable for an enterprise (fuel and lubricant costs, maintenance, VAT refund). The issue of purchasing a physical person, this is a question of the risks of owning property, and the question of withdrawing funds from an enterprise to an individual. the face is another matter. By the way, if we are talking about an entrepreneur, then the indicated salary taxes and personal income tax on dividends are generally incorrect, because All property of an entrepreneur belongs to him and when using property in business activities, he has the right to a VAT refund and to take into account the costs of its acquisition.

The advantages of leasing (which undoubtedly exist) and its disadvantages (which also exist) should be compared with other tools for raising funds when there is a lack of working capital and, above all, with a loan. From a tax point of view, I see the following main pros and cons of leasing compared to a loan. Compared to a loan, faster expense recognition for profit due to the possibility of using accelerated depreciation. All leasing expenses will be taken into account during the term of the leasing agreement. When purchasing a car using a loan, expenses will be taken into account during the useful life (depreciation) established by the legislator. By the way, for a Land Cruiser with an engine capacity of more than 3.5 liters. such a period will be at least 7 years and 1 month, for passenger cars with a smaller engine capacity, as a rule, from 3 years and 1 month. up to 5 years inclusive. However, VAT deduction for leasing will be applied gradually based on the amount of leasing payments. When purchasing a car, incl. VAT on credit money will be deducted immediately.

Is it possible to refund VAT on a car purchase?

Good day to all. Glad to see you again on the pages of my blog. Today we will talk to you about whether it is possible to return VAT on the purchase of a car. I think many of you know that you can return value added tax when buying real estate without any problems, and have more than once wondered whether this is possible when buying a car.

Is it still possible or not?

So, let's think logically. With the purchase of housing, everything is clear: when purchasing real estate, the taxpayer can return 13% of the cost of the purchased apartment or house. Many of you have probably done this already. There are more and more legally literate people in our country, which, by the way, is very encouraging! And the key word here is taxpayer , i.e. those who pay taxes, and those who do not pay cannot return taxes from the budget. This is why VAT refund to an individual when purchasing a car is impossible.

A car is property, and therefore, the tax deduction should be looked for in the list of property deductions. However, after reading the tax code, we see that a property deduction can be provided to persons receiving income subject to personal income tax at a rate of 13% in the following cases (clause 1 of article 220 of the Tax Code of the Russian Federation):

When purchasing/constructing housing in Russia, including with the involvement of targeted loans and borrowings;
When selling property (including real estate) that was owned by an individual for less than 3 years;
When selling shares in the authorized capital of an organization;
When assigning rights under a share participation agreement in construction;
When purchasing a land plot and/or real estate located on it from an individual for state and municipal needs.

Unfortunately, in Russia, when buying a car, a personal tax refund is provided. does not apply to persons. The tax deduction for individuals is applied only when selling a car and makes it possible not to pay sales tax. I talked about this in detail in the article “Do I need to pay tax on the sale of a car?”

VAT refund when purchasing on credit

You may be surprised, but today in Russia the share of cars purchased with borrowed money, i.e. on credit, has already exceeded 50 percent. Is it possible to get a VAT refund if the car was purchased on credit? Having examined this issue in detail, I came to the conclusion: VAT subject to refund from the budget can be reimbursed to the taxpayer due to the use of tax deductions provided for in Chapter 23 of the Tax Code of the Russian Federation. At the same time, tax deductions for taxpayer expenses for the purchase of a car, including on credit, are not provided for by Chapter 23 of the Tax Code of the Russian Federation.

It's sad, you say. And you'll be right! For example, in the West, many countries provide state support for the population when purchasing property of significant value. Today I will not go into details of Western programs. Here's just a small example: if a citizen purchases a new car, then he is entitled to tax benefits in the future. And this is absolutely fair! After all, he bought a car with his hard-earned and honestly declared money, from which, by the way, he paid taxes to the state honestly and on time. And how big money is earned in our country, and what taxes are paid, you know perfectly well even without me. So draw your own conclusions! Here, either we change the world, or the world will change us.

I bought a new car

“Yes, I bought a car at a car dealership, I paid a lot of money!” - you say. And you'll be right! The cost of a car purchased at a dealership is an order of magnitude higher than the cost of a car purchased on the secondary market. But, unfortunately, the fact of purchasing a new car will not help you. The Tax Code is not bending here either! If you don’t pay VAT, it means you can’t get it back.

But if we are an organization, then...

But not everything is so sad. For those who pay taxes to the budget on the sale of goods or provision of services, i.e. is a VAT payer and has its own tax benefit.

If the car is registered in the name of a legal entity or an individual entrepreneur, is properly registered and registered, and is also used directly in business activities (for which there are, respectively, supporting documents: fuel receipts, invoices, waybills or rental agreements, etc. .p.), then a VAT refund is quite possible. Honestly! True, I again will not go into the intricacies of the process, because each case is unique and quite complex in its own way, this is already accounting work.

But please don't be scared! A competent approach to the matter, a good lawyer and accountant and the job, as they say, is in the bag. True, there are cases where VAT can be reimbursed from the legal budget. the person does not succeed, but this is largely the fault of the person himself, illiterately drawn up documents, for example. The tax office will find fault with everything. So, go ahead, put the car on the organization’s balance sheet, if possible, and return VAT or a tax discount for the same organization! But this is another song from the accounting repertoire.

And finally, this is a terrible word...

Leasing relations still seem to us like something out of the category of legal casuistry. But in vain! Abroad, leasing has long been the order of the day. You and I do not know the necessary and useful laws, and, therefore, the possibilities. Which is very bad! Let's improve, and therefore let's talk about leasing a car.

If you really need to buy a car, but don’t have the money to buy a car, you can use the services of not only credit institutions, but also leasing companies. The company, at the client’s request, selects a supplier for the required car model and buys it. Then he rents it out to his client under certain conditions. The leasing company does not receive its share of the money immediately, but as payments are received from the client.

In accordance with the law, the provision of leasing services is subject to VAT taxation, which entails the possibility of obtaining deductions. After all, leasing is a lease only with subsequent purchase; the leasing company remains the owner of the car until the contract is executed, although there are options when the car is placed on the buyer’s balance sheet.

And here, dear readers of my blog, it is important to correctly conclude a leasing agreement . Honestly, you can’t do without a good lawyer! Keep this in mind. A legally correctly concluded contract, plus detailed consultations with a leasing company, will give you a comprehensive picture of your interaction with this company and, in particular, a VAT refund scheme. And keep in mind that, again, this applies only to legal entities and entrepreneurs who are engaged in activities subject to VAT, which, by the way, is 18%; individuals pay only 13% of their income.

In addition, when purchasing a car through leasing, you can easily solve problems related to repairs, maintenance or technical inspection, car insurance, this can be done by a leasing company. And also in the event of car accidents or accidents, breakdowns or malfunctions, all questions and problems fall on the lessor.

Myth and reality

It turns out that VAT refund when buying a car for personal purposes is a myth, because... an individual does not pay VAT and, accordingly, does not have the right to return it. But legal entities and individual entrepreneurs who are VAT taxpayers can return VAT on the purchase of a car if they use it directly in business activities.

That's all it seems. Don't be afraid of anything, formalize the deal legally and everything will be fine.