Guide · Expenses

Car leasing in business in 2026 - costs, VAT and limits

Updated: · 8 min read · By Agnieszka Saladra, Certified Accountant

Choosing how to finance a car is one of the more important cost decisions in a business, and from 2026 the rules of the game have changed. Car leasing in business is settled differently in the operating and finance variants, and new cost limits based on CO2 emissions mean that the same vehicle can burden costs to very different degrees.

In short

  • In an operating lease the lessor depreciates the car and you include the instalments in costs; in a finance lease you depreciate the vehicle yourself, and only the interest part of the instalment is a cost.
  • From 1 January 2026 the cost limit depends on CO2 emissions: PLN 225,000 for electric and hydrogen cars, PLN 150,000 for emissions below 50 g/km, PLN 100,000 for emissions of 50 g/km or higher.
  • The lower limit of PLN 100,000 covers practically all combustion cars and most hybrids - and it also applies to lease agreements concluded before 2026.
  • You deduct VAT on a passenger car at 50% with no extra formalities, or at 100% with a VAT-26 notification, a mileage log and use exclusively for the business.
  • The interest part of the instalment is a cost in full - the limit concerns the principal part in proportion to the car's value.
  • The buyout is a separate transaction - it is settled independently of the lease instalments.

Operating or finance lease - what is the difference?

From a tax settlement perspective, the key point is who owns the vehicle during the agreement and who depreciates it. It is precisely this difference that determines what enters your company's costs and when.

In an operating lease the leasing company remains the owner of the car throughout the agreement. It is the lessor that depreciates the vehicle, while you include the initial payment and the monthly instalments in costs (subject to the limits described below). After the agreement ends, you may carry out a buyout.

In a finance lease you, as the user, are the economic owner of the vehicle - you enter it in the fixed asset register and depreciate it yourself. The tax-deductible cost from the instalment itself is then only its interest part, not the whole instalment.

  • Operating lease - the lessor depreciates, the cost is the instalments and the initial payment.
  • Finance lease - you depreciate, the cost is the depreciation and the interest part of the instalment.
  • Under an operating lease you settle VAT within the instalment; under a finance lease, as a rule, up front when the vehicle is handed over.

There is no single form that is better for everyone - it depends on the car's value, CO2 emissions, the form of taxation and plans regarding the buyout. At our accounting office we will calculate both variants and present the effects, and you make the decision.

New cost limits from 2026 - CO2 emissions matter

The most important change in 2026 concerns the value limit of a passenger car up to which costs can be settled - both depreciation and lease or rental instalments. From 1 January 2026 the limit depends on the vehicle's CO2 emissions.

  • PLN 225,000 - electric and hydrogen-powered cars.
  • PLN 150,000 - cars whose combustion engine CO2 emissions are below 50 g/km.
  • PLN 100,000 - cars with CO2 emissions equal to or higher than 50 g/km.

In practice the PLN 100,000 limit will cover almost all combustion cars and most hybrids. This is a significant reduction from the earlier threshold of PLN 150,000, which previously applied to vehicles other than electric ones.

The transitional rules are important. For cars entered in the fixed asset register by the end of 2025 (that is, in the case of a purchase and a finance lease), the previous, higher limit is retained. It is different, however, with an operating lease and rental - here the new, lower limit from January 2026 also applies to agreements concluded earlier. An old agreement does not protect you from the new rules.

Limits for a passenger car in business 2026

Vehicle typeCost/depreciation limitVAT deduction
Electric or hydrogenPLN 225,00050% without a log, or 100% with VAT-26 and use exclusively for the business
Combustion with CO2 emissions below 50 g/kmPLN 150,00050% without a log, or 100% with VAT-26 and use exclusively for the business
Combustion with CO2 emissions of 50 g/km or higherPLN 100,000 (change from 2026)50% without a log, or 100% with VAT-26 and use exclusively for the business

The amounts and rules may change with successive amendments - before important decisions it is worth confirming the current state of affairs at podatki.gov.pl or with an accountant.

How does the limit affect operating lease instalments?

If the car's value does not exceed the limit applicable to its emissions, you include the operating lease instalments (and the initial payment) in costs in full. The problem begins when the car is more expensive than the limit.

The cost proportion step by step

When the vehicle's value exceeds the limit, you include the instalments in costs only in the proportion calculated as the limit divided by the car's value. For a combustion car worth PLN 200,000 with a limit of PLN 100,000 the proportion is 50%, so only half of the principal part of each instalment and of the initial payment enters costs.

  • Principal part of the instalment - subject to the limit, settled in the calculated proportion.
  • Interest part of the instalment - as a rule a cost in full, regardless of the limit.
  • Initial payment - settled according to the same proportion as the principal part.

For cars cheaper than the limit the proportion is 100% and nothing changes. The higher the vehicle's value above the limit, the smaller the part of the instalment that can be included in costs.

VAT on a leased car - 50% or 100%?

On a passenger car used in the business you can deduct VAT in two variants. These rules, as a rule, remain unchanged in 2026.

By default you deduct 50% of VAT - this applies to lease instalments, fuel and other running expenses. It requires no additional formalities and assumes the car serves both business and private purposes.

When can you deduct 100% of VAT?

The full 100% VAT deduction is available when you use the car exclusively for the business. Several conditions must then be met together: submit the VAT-26 form to the tax office, keep a detailed mileage log, and establish rules (a policy) for using the vehicle that exclude private use.

  • VAT-26 is submitted, as a rule, by the 25th day of the month following the month of the first expense.
  • A mileage log for VAT purposes is required.
  • Failing to submit VAT-26 on time means losing the right to the 100% deduction for the first period.

The non-deductible part of VAT (e.g. the 50%) as a rule increases the vehicle's value or enters costs - which in turn connects with the limits described above. Settling VAT on a car can be complex, so it is worth agreeing it with an accountant before signing the agreement.

Buying out a car from a lease and settling it

After an operating lease ends you can buy out the car, usually at a pre-agreed low price. The buyout is a separate transaction - the acquisition of a fixed asset - and is settled independently of the earlier instalments.

A car from a buyout can be entered into the business as a fixed asset and depreciated, or - at a low value - included in costs at once. You can also buy it out for private purposes and not enter it into the business. Each of these scenarios has different income tax and VAT consequences.

Selling a car bought out from a lease - including one bought out for private purposes - is revenue from business activity if it takes place before six years have passed, counted from the first day of the month following the month in which the car was withdrawn from the business or bought out for private purposes (Article 10(2)(4) in conjunction with Article 14(2)(19) of the PIT Act); the rule covers vehicles bought out after 31 December 2021. After those six years the sale falls outside income tax. Before you decide on the form of buyout and a possible sale, we will calculate the effects of the individual variants with you.

A private car in the business - mileage allowance and flat-rate

Leasing is not the only route. If you use a car in your business that is neither the company's fixed asset nor leased, you settle it on different terms.

For an entrepreneur using a private car for the business, as a rule 20% of expenses on its use (e.g. fuel, repairs) are included in costs, with no obligation to keep a mileage log for income tax purposes.

The mileage allowance and flat-rate work differently when reimbursing the costs of using a private car, e.g. to an employee. The rate per 1 km of mileage in 2026 is about PLN 0.89 for cars with an engine capacity up to 900 cm3 and about PLN 1.15 above 900 cm3, while the monthly flat-rate limits are usually 300, 500 or 700 km depending on the size of the municipality.

  • An entrepreneur's private car - as a rule 20% of running expenses in costs.
  • Mileage allowance 2026 - about PLN 0.89 or PLN 1.15 per 1 km depending on engine capacity.
  • Flat-rate - a monthly limit of 300/500/700 km according to the municipality's population.

Leasing vs purchase - what is worth calculating before deciding

After the 2026 changes, the difference between leasing and purchase (cash or credit) depends heavily on the car's value and its CO2 emissions. For cars within the limit the tax effect tends to be similar; for more expensive vehicles the cost proportion can significantly change the calculation.

  • The car's value relative to the limit of PLN 100/150/225k - the higher the excess, the fewer costs.
  • CO2 emissions - they determine which limit applies to you.
  • The form of taxation and VAT status - they affect the real benefit of each variant.
  • Plans regarding the buyout and the length of vehicle use.

We do not point out in advance which form is best - every situation is different. We will compare the operating lease, the finance lease and a purchase for you and present the numbers, and the choice is yours.

Frequently asked questions

What is the difference between an operating and a finance lease?+

In an operating lease the lessor owns the car and depreciates it, while you include the instalments and the initial payment in costs. In a finance lease you depreciate the vehicle as a fixed asset, and the cost from the instalment is only its interest part.

What cost limits apply to a car in 2026?+

From 1 January 2026 the limit depends on CO2 emissions: PLN 225,000 for electric and hydrogen cars, PLN 150,000 for emissions below 50 g/km, and PLN 100,000 for emissions of 50 g/km or higher. The limit applies to both depreciation and lease instalments.

Does the new limit apply to lease agreements concluded before 2026?+

For an operating lease and rental, the new, lower limit from January 2026 also covers agreements concluded earlier. Transitional rules with the higher limit apply, as a rule, to cars entered in the fixed asset register by the end of 2025, that is a purchase and a finance lease.

When can I deduct 100% of VAT on a leased car?+

The full deduction is available when the car serves exclusively the business. You must submit the VAT-26 form (as a rule by the 25th day of the month after the month of the first expense), keep a mileage log, and establish rules of use that exclude private use. Without this you deduct 50%.

Is the whole lease instalment a cost?+

The interest part of the instalment is, as a rule, a cost in full, regardless of the limit. The principal part is subject to the limit - if the car is more expensive than the limit, you include it in the proportion calculated as the limit divided by the vehicle's value.

Leasing or buying a car - which is more worthwhile?+

It depends on the car's value, its CO2 emissions, the form of taxation, the VAT status and plans regarding the buyout. We do not point out a single variant in advance - we will calculate the operating lease, the finance lease and a purchase for you and present the effects, and you make the decision.