GPS BASED SOLUTIONS FOR RENT A CAR/LEASE FLEETS

How can you claim back the VAT on the lease? Article 132 of the Hungarian Official Gazette No. 140/2011 deletes item 124 par.2 / a of the VAT Act, which, as a result of the abolition of the provision restricting the deduction of taxes, the VAT on the rental of means of transport – including open-end leasing – is subject to VAT. TV. Section 120 shall apply. In the practice, this means that the taxable person can deduct the VAT content of the car rental to the proportion that it serves the taxable economic activity; it has to be proved with an authentic track record.

Increase your customer satisfaction with premium quality services; give your business partners an additional competitive advantage!

Our GPS based fleet management can be combined with vehicle protection, having a bigger control over the vehicles and making measurable the costs. This helps to have transparent fleet management, as it gives data for the revenue calculations by companies (wear, aggressive use, kilometer usage). Taking into consideration the above-mentioned arguments, it is visible that it is worth to consider the introduction of our system to your leasing company!