The Hungarian Government's request for a derogation has been successful, as the European Council decision on the 2nd of October 2019 does not require to keep a track record of the private use of leased passenger cars, if the bill submitted on Friday is adopted, and the costs of leasing VAT and 50% of it will be deductible without certificate, as opposed to the previous rule of proportionality. Details can be read in PDF formt by clicking here:

goodbye_road_register.pdf

• HU