TRONIK HELPS DEDUCT 100% of VAT ON FUEL AND PASSENGER CARS

2014-08-21

According to the new Law on VAT, from 1 April 2014, it is possible to deduct 100% of VAT on fuel, leasing, repair, service, maintenance and other operating costs in passenger cars, provided that they are used only for business purposes and that mileage records are kept. The TRONIK’s GPS ATRAX system automatically generates reports in accordance with the requirements of the Act, thus significantly saving time connected with keeping the necessary records.

TRONIK’s GPS ATRAX is equipped with the options of driver identification and a mobile application (or a trip purpose selection panel).

Manual preparation of reports for the whole fleet in accordance with the requirements of the Act is a time-consuming task. On the basis of complete and accurate data, our system automatically generates travel reports thus saving time that would need to be spent on paperwork – says Piotr Nowak, co-owner of TRONIK.

GPS ATRAX users do not need to waste time on manual record keeping concerning i.a.: travel purpose, mileage, meter readings, drivers, date and time, vehicle number plates, descriptions of routes (start and destination). The TRONIK system allows to generate automatic reports at any given time for the entire fleet.

The monthly cost of such services starts at PLN 19 net / 1 vehicle./1 pojazd.

Savings in numbers

Assuming that a car fleet at a medium-sized company amounts to 10 C-class cars equipped with TRONIK systems with travel records, the savings due to 100% VAT deduction will reach approx. PLN 3700 per month. Thanks to such savings every year entrepreneurs recover the equivalent of 1 car!