Tax threat fueling sales
It is thought that the rise in activity in showrooms and leasing companies follows the announcement that lucrative VAT loopholes will be closed in June.
Founder of the Samar car-market analysis firm Wojciech Drewiecki said: "It is caused by clear interpretation of the VAT reclaim rules concerning cars. The amended law that will become effective in June, treats nearly all cars up to 3.5 tonnes as passenger cars, even if they have a load compartment."
Importers are also hoping for rising demand for cars which currently receive commercial tax interpretations. According to Anna Czyż of Hyundai Motor Poland, in May the sales of its Tucson SUVs have been similar to the Getz small-car sales. The reason is that it is possible to reclaim 22 percent VAT on the Tucson, as it has commercial classification.
Leasing companies, however, are less optimistic about the apparent sales increase caused by clarification of the legal classification. According to Futura Prime chairman Jerzy Kobyliński, sales are likely to rise by several dozen units at most. BRE Leasing, though, expects a 20-percent sales increase compared with April this year.
In April new car sales stood at 19,363 - one of their lowest levels for six months and 20 percent down on the figures for March.
Founder of the Samar car-market analysis firm Wojciech Drewiecki said: "It is caused by clear interpretation of the VAT reclaim rules concerning cars. The amended law that will become effective in June, treats nearly all cars up to 3.5 tonnes as passenger cars, even if they have a load compartment."
Importers are also hoping for rising demand for cars which currently receive commercial tax interpretations. According to Anna Czyż of Hyundai Motor Poland, in May the sales of its Tucson SUVs have been similar to the Getz small-car sales. The reason is that it is possible to reclaim 22 percent VAT on the Tucson, as it has commercial classification.
Leasing companies, however, are less optimistic about the apparent sales increase caused by clarification of the legal classification. According to Futura Prime chairman Jerzy Kobyliński, sales are likely to rise by several dozen units at most. BRE Leasing, though, expects a 20-percent sales increase compared with April this year.
In April new car sales stood at 19,363 - one of their lowest levels for six months and 20 percent down on the figures for March.
