European Restructuring Monitor (ERM)
Eurofound's ERM database on restructuring-related legal regulations provides information on regulations in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change.
Value Added Tax Act (Zakon o davku na dodano vrednost, ZDDV-1), Article 66b; Personal Income Tax Act (Zakon o dohodnini, ZDoH-2Z), Article 4
Purchase of electric vehicles intended for the pursuit of business activities are exempted from paying VAT and income tax on perquisites. The exemption also applies to fuels, lubricants, spare parts and services.
Generally, the ‘taxable person’ cannot deduct value added tax on passenger cars and motorcycles other than vehicles used for goods and passenger transport, leasing, renting, resale and education. Amended Value Added Tax, issued on 7 January 2022, stipulates an exception for motor vehicle not emitting carbon dioxide. To be eligible for tax deduction, the company must meet three conditions: - The vehicle must be carbon dioxide-free; deduction thus applies only to electric cars, not hybrids. - The value, including VAT and other taxes, does not exceed EUR 80 000. - The electric vehicle must be used for business purposes only (the car, used exclusively for private purposes, is not eligible).
If a vehicle is for both business and personal purposes, the taxable person must pay VAT on the distance driven for personal use on a pro rata basis. On the other hand, the amended Personal Income Tax Act (ZDoH-2), issued on 21 March 2022, establishes that the use of a business electrical automobile for personal purposes is not perquisites, and the employee pays no income tax in this regard.
Besides the tax exemption, businesses may benefit from a partial subvention if they buy a new electric car. The Eco Fund (Eko sklad) organises calls of interest for subsidies and loans, open until funds are exhausted. Profit, non-profit and state companies (except organisations directly funded from the state budget) are eligible to participate. Currently, purchases of electric cars not exceeding €65,000 may receive a subsidy of €300 to €6500, depending on the type of vehicle. No more than 20 vehicles can be supported per beneficiary. Alternatively, companies can also opt for credit at a low variable or fixed interest rate. The maximum repayment period is 15 years.
Eurofound (2023), Slovenia: Company incentives to deploy electric vehicles, Restructuring legislation database, Dublin, https://apps.eurofound.europa.eu/legislationdb/company-incentives-to-deploy-electric-vehicles/slovenia
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